FEROS SELLS BIG ROCKSIA TO OSCARS

The award-winning Feros Group has sold flagship the Rocksia Hotel to Hall of Famers Bill and Mario Gravanis’ Oscars Hotels for a quick $36 million. Both Chris Feros and the Gravanis brothers were central to the recent AHA NSW Awards

SHINING SHAMROCK SET TO SELL

Lucky Toowoomba institution the Shamrock Hotel has hit the market following a big refurbishment, as the Lees look to other ventures. Seona and Wayne Lee bought the large-format pub four years ago and have chipped away at improvements since, unveiling

GERNER PARTNERS WITH STELLER FOR $35m RESCUE OF THE CONTI

Hotelier Julian Gerner has secured partnership with expanding developer Steller for the $35 million restoration and expansion of Sorrento’s legendary Conti. Gerner purchased the historic four-storey limestone hotel popularly known as The Conti from long-time owners the Di Pietro family

OZ PUB GROUP GROW WITH THE BOUNDARY

One of Brisbane’s oldest and most iconic pubs has sold for the first time in 95 years to Colin Macleod’s expanding Oz Pub Group. The Boundary Hotel has stood on the corner of Boundary Rd and Jane St in Brisbane’s

MERIVALE TAKES ANOTHER HEART OF THE EASTERN SUBURBS

The march of Merivale continues with another prominent acquisition, the group picking up Halcyon’s Hotel Centennial on Oxford Street, Woollahra. The Centennial is a landmark two-storey pub built in 1888 on a 780sqm block, opposite Centennial Park, making it proximate

SCHWARTZ REAPS $92m FOR DIXON’S THE DUKE PLUS ADINA

Morry Schwartz has divested two big properties in Melbourne’s East End, collecting $92 million for the Adina Hotel, and the city’s oldest pub, the Duke of Wellington, operated by Dixon Group. Publisher and property developer Morris ‘Morry’ Schwartz put the

UNIVERSAL ACQUIRE BRIGHTON HOTEL ON OXFORD ST BOUNCE

Universal Hotels has boosted its presence in Darlinghurst, acquiring the multi-level Brighton Hotel in the heart of a rebounding Oxford Street. The Brighton has been owned by the same family since 1977, and hit the market in August as its

MELBOURNE’S ICONIC WATER RAT HOTEL SOLD

UPDATE: The historic Water Rat Hotel in South Melbourne has sold, holding a short lease and offering a range of options for the buyer. The two-storey pub was built in 1858 as Druids Hotel on a 314sqm block just three

MOELIS GROW REDCAPE WITH 3 BUYS FOR $100m

This week Moelis – new owner of Redcape Hotel Group – announced nearly $100 million in acquisitions into the portfolio ahead of a big capital raising and its potential re-listing. Redcape Hotel Group (RHG) already operates top gaming pub the