Real Estate

OPEN ARMS BREAK WITH DELAWARE AS BOTH LOOK NORTH

Posted on June 20th, 2018 by Clyde Mooney
The partnership between American hospitality giant Delaware North and Open Arms Hospitality has split, as each cite opportunities and pending acquisitions. Delaware North (DN) operates hundreds of hospitality venues across four continents, serving over half a billion customers each year.

MATES LIST ‘COUNTRY PUB’ QUEENSPORT BRISBANE

Posted on June 20th, 2018 by Clyde Mooney
Brisbane’s “country pub in the city” has come to market, as the two long-time owners call time to pursue other colourful activities. Old mates Warwick Brown and Peter Chase have owned the Queensport Tavern at Hemmant for 17 years. Chase

LAUNDY-MALLOY ACQUIRE COLES’ LAST NSW PUB

Posted on June 18th, 2018 by Clyde Mooney
Coles has completed its exit from NSW pub operations, selling the Northlakes Tavern to the pub partnership of Arthur Laundy and Mark Malloy. Moving to minimise or remove itself entirely from its PR burden of association with gaming, Coles listed

ARCADIA VILLAGE HOTEL MAGNETIC ISLAND SET TO ATTRACT

Posted on June 18th, 2018 by Clyde Mooney
The idyllic Arcadia Village Hotel on Magnetic Island has come to market, offering a sprawling freehold going concern or booming leasehold opportunity. The Arcadia Village occupies a massive 1.07Ha (10,070sqm) site, overlooking the Coral Sea, a 20-minute ferry trip to

READY-TO-GO TERRANORA TAVERN ON OFFER

Posted on June 15th, 2018 by Clyde Mooney
Brisbane developer Terry Harmer has listed the business opportunity of the refurbished Terranora Tavern, in the newly appointed Terranora shopping centre. Harmer boasts a background in shopping centre development, and around two years ago bought from United Petroleum the entire

RIVERSDALE BUYS LPH NEWCASTLE

Posted on June 13th, 2018 by Clyde Mooney
Riversdale has ended speculation of a complete sell-down with the purchase of the Lambton Park Hotel in suburban Newcastle. The pub was bought around three years’ ago by a partnership of three newcomers to the industry, who went on to

EVERYTHING PEACHY FOR MARLOW GROUP

Posted on June 8th, 2018 by Clyde Mooney
The Marlow Hotel Group has secured the huge Peachtree Hotel in Penrith, following less than a year’s ownership by ASX-listed property developer, Boyuan Holdings. Chinese development company Boyuan Holdings Limited (ASX: BHL) bought the big Penrith pub last October from

O’BRIEN GROUP LANDS SINGO’S BONDI BEACH ICEBERGS

Posted on June 8th, 2018 by Clyde Mooney
The highly successful O’Brien Group has secured a foothold in Sydney with the lease rights purchase to Singleton’s iconic Icebergs in Bondi. The internationally renowned Icebergs Dining Room & Bar (IDRB) occupies 675sqm on the top level of the three-storey

DIXON & KKR’S AVC LOOKING TO LEAP WITH COLES JV

Posted on June 6th, 2018 by Clyde Mooney
The much-rumoured joint venture between Coles’ pub arm and a big operator is close to a deal with KKR’s Australian Venue Company, with the major hurdle fast approaching. Speculation has emerged about a broad change to the fleet of Spirit

HOLMESVILLE HAVEN UP FOR GRABS AS WOOLFS RETIRE

Posted on June 6th, 2018 by Clyde Mooney
Calling time on a decade owning the Holmesville Hotel, Steph Woolf and husband Geoff have put the heart of town to market. The Woolfs bought the two-storey brick and timber Federation-style pub in 2007, and went on to become licensees