Millennium & Copthorne Hotels Limited (M&C) and Millennium & Copthorne Hotels New Zealand Limited (NZX:MCK) have entered into a Purchase Sale Agreement and Business Asset Sale Agreement to acquire the Sofitel Brisbane Central hotel in Australia from Brookfield Asset Management Ltd.((TSX:BAM) for approximately AUD 180 million on March 22, 2023.

Millennium & Copthorne Hotels Limited (M&C) and Millennium & Copthorne Hotels New Zealand Limited (NZX:MCK) completed the acquisition of Sofitel Brisbane Central hotel from Brookfield Asset Management on December 15, 2023.