Investors are circling Brisbane hospitality assets as the city finally shakes off its “big country town” label ahead of the 2032 Olympics.
Queensland’s capital has already experienced a wave of development focused around hospitality, including the $3.6-billion Queen’s Wharf, the $9-million renovation of the Fortitude Valley GPO and, announced last week, the redevelopment of Mt Coot-tha by Mantle Group.
Hotels and retail are experiencing seismic shifts, Brisbane’s restaurant scene is looking strong and with an expected $4.6-billion windfall for tourism and trade from the Games, this is only going to get stronger.
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