Real Estate

COLLECTOR HOTEL & BENEFITS ON SALE IN BOOM TOWN

Posted on November 7th, 2016 by Clyde Mooney
The Collector Hotel in Parramatta has come to market boasting lessee assets in the town of opportunity. Parramatta is alive with development activity, hosting the lion’s share of building sites that have seen Sydney leading the record-breaking crane count across

FEROS TO ROLL AUCTION DICE WITH PRIMED TENNYSON

Posted on November 4th, 2016 by Clyde Mooney
John Feros’ JDA Hotels has been tempted to market with its newly-acquired top-100 Tennyson Hotel. Just 14 months after snapping up the asset for around $27 million, JDA has re-listed the Tennyson with high expectations for a hot market especially

DIXON DANCES WITH KKR FOR $40m SLICE OF KEYSTONE

Posted on November 2nd, 2016 by Clyde Mooney
The high-profile sale of the Keystone portfolio has taken a twist, with creditors KKR helping Dixon Hospitality into a $40m deal for six Sydney venues including Kingsley’s fine-dining restaurant. Despite previous statements denying interest in assets of the beleaguered The

PALISADE HOTEL RETURNS TO MARKET

Posted on October 28th, 2016 by Clyde Mooney
The palatial Palisade Hotel – described as the “Jewel of Millers Point” – is back on the market. The iconic Palisade Hotel in Millers Point went to market in March, 2015, following a top-dollar renovation to revive it after being

FEARS FOR ADELAIDE HERITAGE PUB ‘THE CRANKER’

Posted on October 28th, 2016 by Clyde Mooney
As anger rages over one illegal demolition, Adelaide’s famous Crown & Anchor is under threat beneath the spectre of a $50 million development next door by its new owner. South Australian developer Karidis Corporation purchased the heritage-listed hotel, established in

LANTERN VOTES TO SELL THE LOT

Posted on October 26th, 2016 by Clyde Mooney
Lantern Hotel Group’s AGM yesterday saw shareholders pass a resolution to sell down the remaining six properties in the portfolio, meaning more key assets to meet a starved market. Following successes divesting all its ‘non-core’ pubs in line with the

DESIGNING FOR EFFICIENCY, DIFFERENTIATION AND LONG-TERM

Posted on October 26th, 2016 by Clyde Mooney
[caption id="attachment_7712" align="alignright" width="179"] Con Cayas[/caption] Con Cayas is a veteran of hospitality design, boasting over 20 years’ experience in the Queensland marketplace. He moved from director and partner at a mid-sized Brisbane practice and founded Cayas Architects back in

‘CLOEY’ HOTEL TO TEST WATERS IN TIME FOR SUMMER

Posted on October 24th, 2016 by Clyde Mooney
The sky is the limit as Eastern Suburbs pub royalty comes to market, with Iris testing the waters for its beachside beauty, the Clovelly Hotel. Sam Arnaout’s Iris Capital acquired the Hotel in 2008 and in 2012 performed a major

KEYSTONE CONCLUSION CLOSER AS BREAK-UP IMMINENT

Posted on October 24th, 2016 by Clyde Mooney
The much-anticipated future of The Keystone Group portfolio remains undetermined, as news emerges of a shrinking short-list and Dixon Hospitality eyeing seven of the 17 venues. After falling foul of financiers, a high-profile campaign for the well-known Keystone portfolio has

SOUTH-BRISBANE FGC COMES TO MARKET

Posted on October 24th, 2016 by Clyde Mooney
The Moss St International Hotel just south of Brisbane has come to market as its interstate owner divests to focus on operations closer to home. Occupying 4,927 m² of Slacks Creek, around 20 minutes south of the Brisbane CBD, the