PARRAS TAKES THE KINGS HEAD
Melbourne-based Francis Venues has divested Sydney’s Kings Head Tavern to local powerhouse Parras Hospitality, less than two years after purchasing the big corner pub. The two-level Kings Head Tavern (KHT) resides on a prominent 1,334sqm site on the major intersection
CROSS KEYS COURTS NEW OPERATOR
The historic Cross Keys Hotel in Essendon has been taken to market, offering a robust city-fringe gaming operation in Victoria’s tightly held market. The Cross Keys was established in 1859, after John Morgan purchased the block of land from the
TASSY PUB LINKS BEER TO THE BOWSER
Queenstown’s Empire Hotel, on the west coast of Tasmania, has found a creative way of encouraging locals and tourists alike in for a pint. Last week the pub began subtracting the daily per-litre price of diesel from the price of
PUBS CASHING IN ON RESIDENTIAL APPEAL
Major NSW pubs and groups are increasingly looking to the state government’s Housing Delivery Authority, fast-tracking redevelopment projects under streamlined rules for new residential property. A deepening supply shortage prompted commitment by the NSW Government to address the housing shortage
NAVIGATING THE NEW AML & CTF REGULATIONS
Austrac’s AML and CTF reforms have come into effect, reflecting the regulator’s mandate for improved governance, processes and calculated risk-based outcomes in a complex regulatory environment. The new regulations began 1 April and apply to all gaming venues – pubs
BANKTECH’S NEXT-GENERATION CRT APPROVED
Banktech has recently announced its QuickPay XL5, regarded as Australia’s most sophisticated cash redemption terminal (CRT), has now secured formal regulatory approval for rollout in Queensland. The terminal is authorised to connect with both Max and Odyssey Licensed Monitoring Operators
LAUNDY SYNDICATE INTO SINGLETON’S IMPERIAL
A Laundy-backed syndicate has snapped up the large-format opportunity that is the Imperial Hotel in Singleton, in another significant regional transaction. The Imperial came to market in February on behalf of a private Sydney-based property investor, who had acquired it
HISTORIC STAR OF PORT FAIRY ON OFFER
The historic Star of the West Hotel in Port Fairy is being sold by long-time owners ready to retire, offering a blank slate opportunity for its next chapter. The Star is a vast two-storey bluestone structure built for West Indian-born
SUNRISE SESSIONS BREW A NEW SOCIAL TREND
Last month, Lewis Land Group’s The Komo hosted a unique event early one Saturday morning. The Moreton Bay venue collaborated with MilkLAB for an exclusive and unconventional event offering free plant-based coffees along with a live DJ set – starting
OSCARS TAKE REDCAPE’S SOUTH TERRACE IN BANKSTOWN
Redcape Hospitality has shuffled the portfolio again, selling the South Terrace Hotel in Bankstown to Oscars Group in another major NSW transaction. Redcape, under MA Financial’s MA Hotel Management, has been making moves in south-east Queensland, after recycling capital from