MOELIS MAY FINALLY MEET THE MARK FOR REDCAPE BUY

In a crescendo years in the making, investment bank Moelis is believed to have secured an SIV fund purchase of the lucrative Redcape portfolio for circa $700 million. The AFR reports Moelis has broken with a proposed partnership with publican

RICHMOND’S RUBRIC RISING SUN TO RISE AGAIN

After several years in the wilderness, Richmond’s iconic Rising Sun Hotel is coming back to life – reassured of remaining part of Melbourne’s hotel landscape. Pat Reardon (Sr) bought the leasehold business in the late 90s, furthering the family’s history

NEW BANKSTOWN BAR CLOSED DUE TO LICENCE BREACHES

A new licensed karaoke bar in Bankstown has been closed by ILGA following licensing inspectors detecting gross violations including serious intoxication and selling whole bottles of spirits. Replay Karaoke Lounge opened earlier this year, touted as having “chic, urban interiors

HAPPY DAYS AND BIG WINS AT LAUNDY HOTELS

Laundy Hotels have been especially hospitable of late, helping one industry newcomer into ‘paradise’ and making another a millionaire. Arthur Laundy’s operation took on the idyllic Tea Gardens Hotel in February of 2015, in partnership with Steve and Trish Rodgers

BELMORE AND UNANDERRA JOIN BIG HOTEL AUCTION DAY

In a stock-starved market where strong regional pubs are becoming the ‘new black’ – two more Sydney-satellite freeholds will soon test the waters at a group auction. Murphy Hotels is putting up the large-format Belmore Hotel, dominating Maitland’s main street.

HISTORIC MIRANI HOTEL LISTED BY VETERAN FAMILY

After 75 years in the family, Scott and Casey Cronin will soon bid a reluctant farewell to their historic Mirani Hotel. Mirani is a town in the heart of sugarcane country, a transport hub mid-way on the Mackay to Eungella

AGE2017 AT ICC SET TO STUN

Registration is now open for the largest gaming Expo in Australasia – as the AGE makes a triumphant return to Darling Harbour in August, at the amazing new ICC Convention and Exhibition complex. After three years at the temporary facility

DIXON GROUP COURTS PRIVATE EQUITY AS KKR LOOMS

After shelving its mooted IPO, Dixon Hospitality Group is rumoured to be in talks with private equity buyers – including KKR – the company that sank Keystone. Dixon Hospitality Group (DHG) has hinted at plans for an Initial Public Offering

THE ELI AND THE BLOCK TO TEMPT TASSY SPIRIT

High-profile pub ‘The Eli’ plus land package have come to market as the Apple Isle strides into its tourism boon and its builder owner needs a break. The large-format Elimatta Hotel sits on the banks of the Mersey River, adjacent