Clyde Mooney

Website
http://pubtic.com.au

NON-BANK LENDERS BRINGING BIGGER SLICE OF PUB PIES

Posted on April 12th, 2021 by Clyde Mooney
As post-pandemic upset looms in the national market, the share of debt with non-bank lenders is predicted to surge in coming years, potentially becoming a critical component in new ownership structures. Analysis by consultancy firm Plan1 pits the market share

NEW INVESTMENT GROUP TAKES MPK PORT IN MASSIVE DEAL

Posted on April 9th, 2021 by Clyde Mooney
The whole freehold going concern portfolio of MPK Hotels’ NSW pubs has sold to newly-formed syndicate Investment Management Group Hotels in the biggest deal of 2021 to date.  MPK has divested the Royal Hotel at Orange, Dudley Hotel at Bathurst,

AVC PICKS UP A BIMBO

Posted on April 9th, 2021 by Clyde Mooney
Australian Venue Co has continued its rebound strategy, taking Fitzroy institution Bimbo from Colonial Leisure. The ‘Bimbo’ of Melbourne has been serving its famous low-cost pizzas and providing late-night entertainment courtesy of its 3am licence to an eclectic mix of

FORBES SYDNEY BACK TO LIFE AND TO MARKET

Posted on April 9th, 2021 by Clyde Mooney
The stately Forbes Hotel in the heart of Sydney is coming back to life and offering a new long-term lease. Set on a 149sqm block on the corner of King and York Streets in the Sydney CBD, where a pub

HAWKESBURY HERO LIONHEART LUKE PARTS WITH CLARENDON

Posted on April 7th, 2021 by Clyde Mooney
Luke ‘Lionheart’ Ainscough has sold his regional landmark in Sydney’s burgeoning northwest to the up-and-coming Endeavour, as the region dries out from subsiding floodwaters. The Clarendon resides on a 1,959sqm lot on Hawkesbury Valley Way – the main arterial road

BOUNCE-BACK EMBRACED THROUGH HOSPO INITIATIVES

Posted on April 7th, 2021 by Clyde Mooney
Lewis Land Group is amongst those feeding a recovery in hospitality, doubling the NSW Government’s Dine & Discover vouchers at Sydney institutions The Fiddler and Camden Valley Inn.  The group is offering twice the face value of the Dine &

BELLEVUE IN NEW HANDS AGAIN

Posted on March 31st, 2021 by Clyde Mooney
The Calligeros clan has taken ownership from the Maloufs of Paddington’s much-loved and much-owned landmark, the Bellevue Hotel. The two-storey Bellevue has stood on the corner of Hargrave Street and Windsor Lane since 1880. Industry faithful Steven Speed and partner

JDA TAKES MOUNTBATTEN

Posted on March 31st, 2021 by Clyde Mooney
The Feros’ JDA Hotels has secured the leasehold interest of the coveted Mountbatten Hotel in Haymarket for $7.5 million. The Mountbatten is one of the true ‘locals’ of Sydney’s major boulevard, George Street, with an office workers’ happy hour from

BRISBANE SWEATS AS LOCKDOWN LINGERS

Posted on March 31st, 2021 by Clyde Mooney
Industry is pleading for a continuation to support as Brisbane is plunged back into lockdown just as JobKeeper ends, threatening closed doors for one of the year’s busiest holiday periods.   From Monday afternoon more than two million residents of