Real Estate

PUBLICAN GROUP SINKS INTO RECEIVERSHIP DESPITE DIXON SWOOP

Posted on January 17th, 2018 by Clyde Mooney
Despite divesting its entire portfolio late 2017, the beleaguered Publican Group has been put into voluntary liquidation. The cashed-up Dixon Hotel Group – since rebranded to Australian Venue Co (AVC) – bought the clutch of nine Publican Group venues in

DIXON GROUP REBRANDS AND BUYS UP

Posted on January 15th, 2018 by Clyde Mooney
Dixon Hospitality Group has hit 2018 running, with a new group name and deals for two new northern venues into the stable. The Victorian-based hotel group fronted by former Spotless director Bruce Dixon has rebranded to Australian Venue Co (AVC),

IRIS’ MASSIVE KINGS CROSS DEVELOPMENT AT THE BOURBON

Posted on December 20th, 2017 by Clyde Mooney
Sam Arnaout’s expansive Iris Capital has lodged plans for a massive residential and hospitality development in Kings Cross to replace The Bourbon and Empire Hotels and surrounds. Around the group’s 2015 purchase of The Bourbon from Chris Cheung, Arnaout orchestrated

$4.4m FOR EMPTY BRUNSWICK PUB

Posted on December 18th, 2017 by Clyde Mooney
An unnamed buyer has secured the blank canvas freehold of Melbourne’s promising East Brunswick Hotel at auction for $4.4 million. The former CUB pub on the corner of Lygon and Albert Streets has seen several incarnations over the years, and

DASH TO MARKET AS RAILWAY PICKS UP STEAM

Posted on December 13th, 2017 by Clyde Mooney
The Dash family are looking to part with their Warragul stalwart, the reinvented Railway Hotel. The family has a history in pubs, previously owning Warragul’s O&H Hotel, and currently freehold of the Dava Hotel in Mount Martha. The family will

OXFORD HOTEL MEANS TAYLOR SQUARE HATTRICK FOR UNIVERSAL

Posted on December 11th, 2017 by Clyde Mooney
Universal Hotels has landed a trifecta in Taylor Square with acquisition of Pelathon’s Darlinghurst icon, the Oxford Hotel. The pub on the corner of the eponymous Oxford Street and Bourke Street went through several name changes and minor geographical repositioning

KERR LISTS THE BEAUFORT AT CLARE CASTLE

Posted on December 11th, 2017 by Clyde Mooney
After half a decade at the helm, Dave Kerr is passing the baton on his Carlton pub, The Beaufort. Kerr took on operation of the Clare Castle Hotel over five years’ ago, and brought it into the twenty-first century in

THE FIDDLER GOES TO NEXT LEVEL WITH 78-ROOM ACCOMMODATION

Posted on December 8th, 2017 by Clyde Mooney
Lewis Hotel Group has landed approval to take The Fiddler to another level, with plans for a four-storey 78-room accommodation wing to the big Hills district pub. The large-format The Fiddler at the intersection of Commercial and Windsor Roads Rouse

ALH AUCTION ON BRIGHTON HOTEL FETCHES $3.7m

Posted on December 8th, 2017 by Clyde Mooney
ALH has divested the freehold going concern of its Brighton Hotel in Mandurah, a strong auction drawing $3.7m for the former Compass pub. Australian Leisure & Hospitality (ALH) bought up the entire 12-venue portfolio of the failed Compass Group for

NEW DIRECTION FOR $40m HIGHWAY HOTEL PROJECT

Posted on December 8th, 2017 by Clyde Mooney
Martin Palmer is seeking approval for revised development plans at his $40 million project at the award-winning Highway Hotel, Plympton. Palmer Hospitality operates the celebrated Highway and Warradale Hotels, and has been exploring plans for a large residential and retail