REDCAPE SECURE BIG SOUTH COAST TRIO

Redcape is three steps closer to its mooted IPO with the big-ticket acquisition of Joel Fisher and Andrew Denmeade’s trio of pubs south of Sydney. Denfish Hotels is a long-term partnership of Denmeade and Fisher that has bought, built and

ILG TAKEOVER ATTEMPT SEES DIRECTORS LOCKED OUT

ILG has declared a “black day” at the liquor co-op, with four directors attempting to oust the CEO and take control of Australia’s largest member-owned liquor distributor. Independent Liquor Group (ILG) is an organisation of licensed venues, including hotels, registered

HISTORIC HOTEL MITCHELL SET TO CLOSE

The century-old Hotel Mitchell west of Brisbane has issued a ‘hail Mary’ for a new owner, with trustees looking for a bare-bones offer on the historic two-storey pub. Mitchell is a town of 800 souls an hour west of Roma,

TWO BIG QUEENSLANDERS HEAD TO MARKET

Private investors have offered up a portfolio of two big-trading Queensland pubs likely to be some of the last offered in the northern state for 2018. The Commercial Hotel in Redbank and Oonoonba Hotel Townsville are run under management by

GRAND VIEW SEES HUNGRY INVESTOR INTO MOUNTAINS

Ben Tufrey is free to pursue retirement, having sold his long-held Grand View Hotel in the Mountains to a Chinese investor. Tufrey has owned and operated the Grand View for 16 years, virtually “going through the motions” in the past

NEW PRESIDENT AND RENEWED VOWS IN VICTORIA

After 21 years, Peter Burnett AM has officially retired from his role as President of the Australian Hotels Association Victoria, ushering in a new President elect and renewed vows to “promote and protect”. Burnett has racked up a distinguished career

EVEREST TOPS UP RECORD FOR 2018

The Everest has been run and won for 2018 over the weekend, bringing the thrill of a major event and new format The Kosciuszko to Royal Randwick. Tabcorp’s big bet on a big race for NSW centres around it being

MILES FAMILY CALL TIME ON BELLS INSTITUTION

The picturesque institution Bells Hotel in Woolloomooloo has hit the market, after almost 50 years’ owner-operation by the Miles family. The proud “Country pub in the City” stands at #1 Bourke St, on the corner of Cowper Wharf Road, opposite

IPO IN THE WORKS FOR FLYING REDCAPE

After years of speculation and a change of ownership, Redcape has begun steps toward an Initial Public Offering in December. The prominent pub group was acquired mid-2017 by Moelis Australia after several rumoured divestment considerations by its former owners, US