MOMENTO SELLS SILVERWATER TO A MOTIVATED MARLOW

Momento Hospitality has divested big western Sydney suburban the Silverwater Hotel to Marlow Hotel Group, in one of the year’s biggest transactions. The Colosimo family’s award-winning Momento Hospitality has invested in new developments in recent years, including Mullane’s Hotel in

LAUNDYS’ SETTLER’S SALE HERALDS KELLY’S COMEBACK

Team Laundy has divested the big Settler’s Tavern in West Gosford to returning industry player Damian Kelly. Arthur Laundy AO, along with his daughter and son-in-law Justine and Nick Tindall, bought the large-format pub early 2016 from the Bernie family.

TERMINUS LOOKS TO NEW START

Pyrmont’s revived Terminus Hotel has returned to market, thriving in a populous precinct almost a decade since it was rescued from beneath a mountain of ivy andmany years of neglect. Occupying a 493sqm corner of Harris Street, the historic Hotel

MORE ADGEMIS HOTELS ON THE MOVE

More of the bankrupt Jon Adgemis Public Hospitality portfolio has been listed, bringing the sprawling South Bondi Hotel and recently refurbished Hotel Diplomat Potts Point to the fore. These are two of the five Public assets repossessed by lender Deutsche

PUBLIC EMPIRE MARCHING TO MARKET

Receivers have listed the Empire Hotel in Annandale, out of the collapsing Public Hospitality portfolio of bankrupt banker turned publican Jon Adgemis. Set on an 803sqm corner site with large frontages to both Parramatta Road and Johnston Street, the Empire

GBAH TAVERN SOLD IN MAJOR REGIONAL DEAL

A NSW newcomer has picked up the Goonellabah Tavern in the northern rivers region, in one of the largest regional sales of the year. Goonellabah is part of Lismore, west of Byron Bay, with local resident population of around 14k

PUBLIC VENUE OPERATOR LINCHPIN GOES BUST

Linchpin Hospitality, operator for a half-dozen venues from Jon Adgemis’ Public portfolio, has collapsed into administration, said to owe more than $1.2 million. On the back of Public’s very public battle with creditors, Linchpin emerged as provider of management services

POLITIS TAKES SPIRIT OF QLD CAXTON

Sydney-based Queenslander billionaire Nick Politis has secured acquisition of the Sunshine State’s most iconic pub, the Caxton Hotel, from long-time veterans the Farquhar family. The Caxton first opened in 1864, but in 1873 the original pub burned down and a

LANDLORD AND TENANT POST COMMERCIAL KRAMBACH

Holdam Group and their tenant have put to market the freehold going concern or passive investment of the undercooked Commercial Hotel in Krambach, on the mid-north coast. The two-storey family-friendly country hotel resides on a 4,302sqm lot on the historic

HARVEST PASSES THE NORTHSIDE TO JDA HOTELS

Harvest Hospitality has passed another milestone with the sale of the Northside Hotel in Albury to the Feros’ JDA Hotels for $27 million. The group acquired the Hotel in late 2021 from the Burke family for $16.2 million with a goal to build value, crucially