Real Estate

REDCAPE OFFLOAD LIVINGSTONE HOTEL TO OSCARS

Posted on June 28th, 2017 by Clyde Mooney
As Redcape’s destiny continues to be the subject of speculation, the Group has quietly sold one of its inner western Sydney pubs to the Gravanis brothers’ diverse and acquisitive Oscars Hotels. Located on the corner of New Canterbury and Livingstone

MARKET SCORES MERCHANT LANE PUB ON MORNINGTON

Posted on June 28th, 2017 by Clyde Mooney
Mornington’s unique and popular Merchant Lane has hit the market, the pride of Melbourne’s southern peninsula after a ‘no expense spared’ renovation. Merchant Lane is within a retail strip on Main St, Mornington, minutes’ walk from the Foreshore Reserve, which

DUBBO’S BIG COMMERCIAL HOTEL FOR SALE

Posted on June 28th, 2017 by Clyde Mooney
Dubbo pub kings Greg Pilon and Brett Harvey have listed their town centre Commercial Hotel in the rural hub, eying expansion to the coast. Comprising a traditional hotel adjoining a former dwelling, the Commercial occupies 1,635m² on a corner of

THIELE OPENS DOOR TO NEW PUB CO

Posted on June 26th, 2017 by Clyde Mooney
The team behind the Open Door Pub Co are back, with ambitious plans and the freehold acquisition of Hardiman’s Hotel in Kensington. Open Door Pub Co (ODPC) was the product of Michael Thiele and Craig Ellison, formed in 2004, furthering

HUGE GALLAGHER IRIS HUNTERS HILL TIGER PUB SALE BUY SWAP

Posted on June 23rd, 2017 by Clyde Mooney
Iris and Gallagher Hotels have furthered their history, speaking exclusively of selling each other the Hunters Hill Hotel and Tiger Bar in the biggest pub transaction in years, sources say tops $64 million. Sam Arnaout’s Iris Capital has been behind

LONG WALE GETS LONGER WITH ALH

Posted on June 23rd, 2017 by Clyde Mooney
Charter Hall and Hostplus’ Long WALE REIT has extended its relationship with Australia’s biggest publican, buying three hotels in a sale and leaseback deal worth $23.2 million. Long WALE (Weighted Average Lease Expiry)(ASX: CLW) is managed by Charter Hall Group

REILLY BUYS THE GOODTIME WEST VILLAGE WHITE COCKATOO

Posted on June 19th, 2017 by Clyde Mooney
Aligning with the arrival of a new Paech, the Goodtime Hospitality boys have divested their West Village Hotel – aka the White Cockatoo – to inner-west publican prophet Ray Reilly. Forming in mid-2014, Locky Paech and James Bodel’s hotel business

MARKET SEES GLASSHOUSE HOTEL FGC ON OFFER

Posted on June 16th, 2017 by Clyde Mooney
Furthering the opportunity in Sydney’s south-east, Bob Tate and partners have listed the striking Glasshouse Hotel in Maroubra. Joining the elegant and historic Botany Bay Hotel in Banksmeadow, further south on the peninsula, the Glasshouse Hotel prides itself as a

BRIGHTON’S MARINE HOTEL SHARPENS YIELDS FURTHER

Posted on June 16th, 2017 by Clyde Mooney
Investment money keeps pouring into the pub sector, with the Marine Hotel Brighton setting another low yield benchmark in Victoria. The freehold interest of the Marine Hotel was sold early 2016 by automotive entrepreneur Bobby Zagame for $13 million, showing