Clyde Mooney

Website
http://pubtic.com.au

REDCAPE REVERSES WITH MULTIPLE ACQUISITIONS

Posted on January 22nd, 2025 by Clyde Mooney
MA Redcape Hotel Fund has reversed its run of divestments with purchase of three hotels in coveted southeast Queensland, to further its portfolio refresh and optimisation. The prior calendar year continued a shake-up of the Redcape stable that saw multiple

FBT PROPOSAL A ‘WIN’ FOR HOSPITALITY

Posted on January 22nd, 2025 by Clyde Mooney
The electioneering has begun and the Coalition has put forth proposal to allow small businesses to claim business-related meal and entertainment expenses, in a boon for hospitality. The proposal was announced this week by opposition leader Peter Dutton, suggesting a

IRIS TAKES TWO FROM REDCAPE

Posted on January 20th, 2025 by Clyde Mooney
The Redcape reshuffle peaked in December with sale of two of its big-ticket gaming hotels to Sam Arnaout’s Iris Capital. Transaction of the Cabramatta Hotel in Cabramatta and El Cortez in Canley Heights is reported at more than $180 million.

LIQUOR & GAMING’S GAME PLAN FOR 2025

Posted on January 20th, 2025 by Clyde Mooney
Liquor & Gaming in NSW has published its Regulatory Priorities for the first half of 2025, aiming to keep “both industry and the broader community” informed about what it sees as the key issues. The regulator plans to focus on

SOLOTEL SNARES A SET OF PUBLIC PUBS

Posted on December 13th, 2024 by Clyde Mooney
Leading Sydney operator Solotel has emerged as the new operator of the majority of the Public Hospitality portfolio recently into receivership, adding three inner west pubs to the collection. Formerly high-flying dealmaker for tax advisor KPMG, Jon Adgemis, came unstuck

REILLY FINDS A FRIEND

Posted on December 13th, 2024 by Clyde Mooney
One of Glebe’s historic watering holes has a new Friend – for the third time in six years, as Ray Reilly and co take on the inner west pub, following a public sale by Marcello Colosimo’s Momento Hospitality. In 2022

TAVERN SHUT DOWN AFTER WOMAN FOUND IN THE ROOF

Posted on December 13th, 2024 by Clyde Mooney
A pub in Brisbane was forced to close during peak hours last Friday night, after it was discovered a woman was stuck in the roof. Around 4:30pm emergency services were called to the Albany Creek Tavern, in Albany Creek, where

PADDINGTON’S VILLAGE STAYS INN

Posted on December 6th, 2024 by Clyde Mooney
The fashion label owners of Paddington’s Village Inn have lost their court appeal to convert the site into a flagship store, as the pub’s trade benefits from the community outrage. Located near the corner of Glenmore Road and Oxford Street,

VGCCC REPORTS A BUSY YEAR

Posted on December 6th, 2024 by Clyde Mooney
Victoria’s liquor and gaming regulator reports it has held industry “to account” through its new risk-based, intelligence-led regulatory approach, leading to a year of proactive enforcement. In 2023–24, the Victorian Gambling and Casino Control Commission (VGCCC) implemented the revised approach