Singaporean CES checks into Adelaide

SINGAPORE’S Chip Eng Seng has snapped up the Mercure & Ibis Styles Grosvenor Hotel in Adelaide for $43 million, as it continues to diversify its portfolio beyond the hot Melbourne market. JLL Hotels’ Mark Durran negotiated the hotel transaction. Located at 121-125 North Terrace, the six-storey building with one basement level comprises 245 rooms, with […]