In May 2011, Quadrant investee, Independent Pub Group, acquired the freehold going concern of the Exchange Hotel, a high volume entertainment hotel located in Brisbane’s CBD. The acquisition brings IPG’s total hotel portfolio to 19 hotels located in South Australia and Queensland.
IPG is seeking to acquire further hotels and to participate in the consolidation of the hotel sector.
For further information please visit www.indpg.com.au.
Writen by Global Administrator, 14/03/2016 News