New Build - CBD Hotel - Tree House Adelaide
Due to open in early Q1 2027, the Hotel will be the debut for the globally renowned Treehouse brand in Australia and will be operated by Starwood Hotels. The Treehouse Hotel will comprise 248 generously sized guest rooms, an all-day dining restaurant and bar with outdoor seating, flexible meeting and event facilities and a premium fitness offering. Seamlessly connected with Adelaide’s biggest tourist attraction - Adelaide Central Market, the Hotel forms part of Market Square, a landmark mixed-use development set to redefine the city’s cultural and commercial landscape. Treehouse Hotel is being offered for sale by way of an Expressions of Interest campaign, closing at 4.00pm (AEDT) on 16 October 2026.
Investment opportunity
Direct Purchase Opportunity
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Investor information
Financial information
Investment sought: Not applicable
Documents
Project status update
-Project dependencies
-Technology utilised
-Project highlights
- Absolute Prime CBD Location Adelaide, an Unrivalled Investment Story • Located in the heart of Adelaide CBD, within immediate proximity to the city’s major corporate and leisure-based demand drivers. • Adelaide Central Market is South Australia’s most visited tourist attraction and directly links with Treehouse Hotel. Expected to welcome over 10 million visitors annually by the end of 2026. • The Hotel also benefits from the CBD’s major nearby office buildings, with 167,500 sqm of commercial space within 350m, including over 22,000 sqm to be delivered within the Market Square mixed-use precinct.
- Brand New, Purpose-Built Hotel • The Hotel will be delivered as a fully complete, purpose-built asset. This minimises medium-term capital expenditure and delivers strong depreciation benefits. • Rising construction costs are constraining new hotel supply in Adelaide. Treehouse will remain one of the newest luxury lifestyle hotels in the market for the foreseeable future.
- Adelaide, an Unrivalled Investment Story No stamp duty on commercial property transfers in South Australia and no foreign owner land tax surcharge. • Adelaide recorded the strongest RevPAR growth of any city centre market in Australia in the year to May 2026, up 9.4%*. • South Australia’s forward looking growth is underpinned by major investment in defence, technology, and innovation, including AUKUS (~$368 billion) and Lot Fourteen, a $2 billion innovation precinct accessible from the Hotel by a free 10-minute tram ride.
Key organisations
- Jones Lang LaSalle
Project timelines
Expected start date
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Expected end date
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Funding round finish date
October 16, 2026