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Elanor Investors expands boutique hotel portfolio

ASX-listed Elanor Investors Group has been advised by Holding Redlich on two Adelaide hotel acquisitions located in the CBD.

user iconEmma Musgrave 10 December 2019 SME Law
Scott Alden
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Firm: Holding Redlich (Elanor Investors Group)

Deal: Elanor Investors Group has acquired the Mayfair Hotel and Adabco Boutique Hotel.

Value: In excess of $100 million

Area: M&A

Key players: The Holding Redlich team was led by projects and major transactions partner Scott Alden and major property transactions partner Cameron Sheather.

The deal team also included workplace relations and safety partner Louise Rumble, property and real estate senior associate Vanessa Scrivener, corporate and commercial senior associate Georgia Milne, projects associate Victoria Gordon, property and real estate associate Phillip Minas, and property and projects lawyer Lauren Stables.

Deal significance: Elanor Investors Group is an Australian investment and funds management business.

The acquisitions of the Mayfair Hotel and Adabco Boutique Hotel are part of the group’s continued expansion into the hospitality and tourism sector.

“Holding Redlich drew on its experienced transactions team to cover all of the property, corporate, projects and workplace relations aspects and close a very successful deal for Elanor,” Mr Alden said.

“In addition to these properties, Holding Redlich is acting for Elanor on its restructuring of the world-famous Cradle Mountain Lodge property.”

Emma Musgrave

Emma Musgrave

Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.

Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences. 

Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.

She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University. 

Email Emma on: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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