Jun 2, 2026 – 12.57pmSingapore’s wealthy Jaleel family has acquired two hotels – one in Perth and the other in Melbourne – for about $100 million in total, just six months after buying one in Brisbane for $34 million, in a rapid ramp-up of its exposure to Australia’s hospitality sector.In its latest acquisition, the Jaleel family’s JD Properties purchased the 98-room Pensione Hotel in Perth for about $28.3 million, property records show.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Singapore’s Jaleel family snaps up two Australian hotels for $100m
The group is rapidly building an interest in Australia’s hospitality sector through a succession of deals in capital cities over the past six months.
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