Real Estate Archives - Page 173 of 200

MELBOURNE ‘DEFINITIVE’ TO MARKET AS COUPLE HEAD TO UK

Posted on November 30th, 2016 by Clyde Mooney

After a dozen years’ tenure, husband and wife team Jeff and Suzanne Marshall have listed their picturesque Metropolitan Hotel for an ‘E’-change, back to where they met. Jeff and Suzanne first met in her home of England, but came to

ALFRED & CONSTANCE GO TO MARKET AS GRIFFITHS MOVES ON

Posted on November 28th, 2016 by Clyde Mooney

An innovative Brisbane publican is moving on to “push the boundaries” – divesting his highly successful Alfred & Constance and Limes Hotel businesses. Since its launch in 2008, Alfred & Constance (A&C) has become one of Brisbane’s best-known pubs. It

RIVERSDALE’S AUSTRALIAN PUB FUND READY TO CASH OUT

Posted on November 25th, 2016 by Clyde Mooney

The pub fund play to sell in a hot market has attracted another big name with Australian Pub Fund (APF) and Riversdale listing two of the best in time for Christmas. The dollar nous behind APF is comprised of business

FINAL COUNTDOWN BEGINS AS WATERWORKS HOTEL LISTED

Posted on November 23rd, 2016 by Clyde Mooney

The Lantern pub flood continues as the listed entity puts its high-ranking Waterworks Hotel to market. While the procession of sales into a market short of supply have seen immense interest by operators eager to optimise the assets, few have

FIVE DOCK HOTEL HARVEST REAPED

Posted on November 21st, 2016 by Clyde Mooney

Lantern has sold its best yet to former Wallaby Bill Young, in a swift campaign fetching another big premium at nearly $29 million. Coming to market less than two weeks ago, the ASX-listed Lantern (LTN) has announced the sale of

PARRAS SECURES LANTERN’S AMBARVALE GEM FOR $21m

Posted on November 18th, 2016 by Clyde Mooney

As the Lantern sell-down reaches a crescendo, Colin Parras has emerged as buyer of the listed Group’s Ambarvale Hotel, in the Greater Macarthur Priority Growth boomtown. Occupying 7,200 m² in Ambarvale, within Campbelltown LGA, the Hotel is central to a

AUSWILDS TO DIVEST UPSIDE FIGTREE HOTEL

Posted on November 14th, 2016 by Clyde Mooney

As investor attentions continue in high-performing regional landmarks, the Auswild family is divesting its long-held Figtree Hotel, managed by the Waugh Group. Siblings Barbara and James Auswild own pubs including the Rose Bay and Wollongong’s big Figtree. The large-format pub

FIVE DOCK HITS MARKET AS LANTERN DOWN TO FOUR

Posted on November 11th, 2016 by Clyde Mooney

Hot on the heels of highly profitable divestments, Lantern has listed its best pub onto the opportunity-starved market. After 12 months of shedding assets, in pursuit of a turnaround strategy that has transformed into a complete sell-down as market frenzy

NO BULL FOR DYLDAM TO DEMO HERITAGE PUB

Posted on November 11th, 2016 by Clyde Mooney

The historic and sprawling Bull & Bush Hotel will see the wrecking ball, after Council voted in favour of Sydney-based developer Dyldam’s plans to demolish it and build three residential towers. The corner site of Windsor and Seven Hills Roads

DE ANGELIS WELCOMES LANTERN’S UNCLE BUCKS PREMIUM PUB

Posted on November 7th, 2016 by Clyde Mooney

Listed Lantern Group’s final countdown has begun, with news of the premium sale of Uncle Buck’s Hotel to the family-operated De Angelis Group. The ASX-announcement by Lantern (LTN) said the sale price of $25.3 million represented a 30.5 per cent