One of the North Shore’s best-known pubs has sold in a surprise deal that was a case of ‘an offer they couldn’t refuse’. Just 15 months after purchasing it for $13 million, Halcyon Group has divested the landmark Buena Vista Hotel in the upmarket Sydney suburb of Mosman to a brand new hotel operation – […]
NEW PUB GROUP TEMPTS HALCYON INTO UNEXPECTED SALE Read More »
Another Melbourne hotel investment has hit the market, with all buyer types set to circle the corner pub packed with opportunity. Just a couple of kilometres east of Melbourne’s CBD, Abbotsford’s Laird Hotel will likely prove attractive to investors, developers and owner-operators. Boasting features such as a successful, tenanted pub business with typical upsides, plus
Cider Australia has resolved to further champion the benefits of artisanal products in the booming category, pronouncing a drive to improve labelling and install a version of the WET tax. Following its recent AGM, where Sam Reid was returned as President, the organisation representing all major cider-producing regions in Australia declared a fight in the
The Great Australasian Beer SpecTAPular juggernaut will pull into Sydney on Saturday, after smashing records last weekend in Melbourne. Originally held in The Local Taphouse Melbourne and Sydney, owner-operators of the pubs and GABS – Steve Jeffares and Guy Greenstone – expanded the craft beer-focused event into Melbourne’s historic Royal Exhibition Building three years ago.
The sale of one of Sydney’s top gaming pubs for $40 million represents more smart money entering the market. A collaboration between Nelson Meers and investment bank Moelis & Co saw the purchase last year of Rockdale’s Grand Hotel for over $24 million, and now the Oasis on Beamish, in Campsie. Meers has a history
GAMING GOLD ‘THE OASIS’ SOLD AS BIG MONEY FLOWS INTO THIRSTY MARKET Read More »
A dynamic new hotel group has snapped up the suburban giant Vincent Hotel, amid plans for further strategic expansion. Emanating from the successful Port Phillip Charters cruise business, Dixon Hospitality Group (DHG) has bought four pubs in a little over a year, with an eye to synergies across assorted hospitality interests. Speaking with PubTIC, director
A Brisbane hotel family takes the keys for the Southside’s Rocklea Hotel today as opportunity continues to shift in the State’s pub assets. The popular corner pub on Ipswich Rd joins a flurry of venues in Queensland being bought or offered for sale, as the vestiges of tough times appear to finally be forgotten by
The Central Coast’s Kincumber Hotel is continuing the success of its ‘Craft Beer and Cider Festival’ with the fourth year expecting even more “locals and day-trippers”. Owner James Henty told PubTIC the event has blossomed from their reaction to the local market. “The concept for the Festival began when we realised that there was no
The freehold of Paddington’s iconic Grand National Hotel has sold, as investor appetites broaden. Tenanted by Lance Burrowes’ LJB Hotels on a long-term lease, the “Nash” Hotel is in fact one of the largest single land holdings in the highly desirable suburb. Upper Oxford Street has been undergoing something of a transformation from retail strip
The unofficial Lord of Woollahra is plating up the (unofficial) ‘Most Expensive Pie in the World’. Chosen largely for the quality of its own signature meat pie, the Lord Dudley has been chosen by international bargain website Groupon to celebrate its 2-millionth customer in Australia. Never to be seen in a pie warmer or on
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