Real Estate

‘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

WAUGHS LIST BIG-SYDNEY FORBES WITH PLANS

Posted on October 21st, 2016 by Clyde Mooney
The five-level Forbes Hotel on York Street has come to market looking to be the next entertainment and dining hot-spot in the heart of Sydney’s CBD. It was until late 2014 under lease to Iris Group, before Waugh Hotels took

CAMPION WINS RACE TO LANTERN’S COMMODORE

Posted on October 19th, 2016 by Clyde Mooney
Lane Cove stalwart Graham Campion has emerged as the big-ticket buyer of Lantern’s Commodore Hotel, picking up his coveted second pub for a cool $14.5m. Listed pub group Lantern (ASX: LTN) put the McMahon’s Point beauty up for grabs last

GOING, GOING? GONE: CAIRNS PUBS COGNIZANCE

Posted on October 17th, 2016 by Clyde Mooney
Amid massive local development, Cairns’ Grand Hotel has hit the market, the Courthouse is being courted by Council, and a new team sign for the Cape York. Occupying 2,035 m² on a prominent corner in the heart of town, the

THE AUSSIE TO AUCTION AS HUSBAND & WIFE RETIRE

Posted on October 14th, 2016 by Clyde Mooney
Historic Queenslander The Australian at Gympie is up for sale, as husband and wife owners call time on their “old-style” pub. The first Australian Hotel built on the corner of Apollonian Vale and Lady Mary Tce was in 1873, with

USHERS MOVE INTO ST KILDA PUB CELEBRITY

Posted on October 12th, 2016 by Clyde Mooney
The famous Hotel Barkly has sold to husband and wife operators Dragon’s Door P/L and will continue its key role in St Kilda’s renaissance. [caption id="attachment_7537" align="alignright" width="312"] Mick Malloy and friends at the Hotel Barkly[/caption] The 1853-built Hotel Barkly

CALLIGEROS & CO. TO SELL TOP-10 ACACIA RIDGE HOTEL

Posted on October 5th, 2016 by Clyde Mooney
Peter Calligeros and Stephen Farley are releasing the massive Acacia Ridge Hotel to a hot Sunshine State market. After landing the trophy asset in mid-2014, business partners Calligeros and Farley have executed a calculated makeover and refresh of the business