|
| |
FOR IMMEDIATE RELEASE
ANZ Leading the charge in including
additional value for entitlements for leasehold hotels
source: article written for Thommos
e-newsletter
July 2006
A leading
country hoteliers last week advised how the ANZ Bank in a review of
the leasehold interest in major regional hotel is now happy to add
value to the leasehold asset base by allocating $100,000 for each
batch of entitlements, or $150,000 for each entitlement, post
forfeiture. Though realistically, from a sale or valuation
perspective the number that can be valued as an additional asset
will depend on the performance of the gaming in relationship to
industry averages, particularly if a hotel is “over machined”.
Bligh Williams
For More Information Contact:
JTW Group Hotel Brokerage & Valuation
Level 32 148 Elizabeth Street Sydney NSW 2000
Tel: (02) 92992299
Fax: (02) 9283 7757
Internet:
admin@jtw.com.au
|
