Real Estate

DOVE & OLIVE LISTED AMID GOOD BEER PLANS FOR THE DOG

Posted on July 15th, 2016 by Clyde Mooney
The dynamic Good Beer Company has listed its Surry Hills rocket, the Dove & Olive, ahead of “redefining” its large-format DOG. After developing the Surry Hills pub it purchased mid-2012 into one of Sydney’s most awarded and thriving food &

COLONIAL MOVES INTO ANOTHER STATE WITH PURCHASE OF THE FOX

Posted on July 15th, 2016 by Clyde Mooney
Colonial Leisure Group (CLG) has jumped into another State, bringing Brisbane’s big-trading Fox Hotel into its premium portfolio. Continuing the expansion plans that saw it quietly acquire Keystone’s Newtown Hotel in February, CLG has bought its first Queensland pub –

HUGE COASTAL PUB GOES TO MARKET

Posted on July 13th, 2016 by Clyde Mooney
Arguably the largest pub on the SA coast has hit the market, with an enormous trading area and price expectations exceeding $13 million. The Glenelg Pier Hotel (GPH) is located on 2,338 m² in the top trading zone of the

THE FATE OF REDCAPE PROPERTY PAWN

Posted on July 11th, 2016 by Clyde Mooney
As rumours circle around the fate of one of Australia’s largest and most influential operators, the reality of investment capital in Aussie pubs stays the same. Redcape Hotel Group owns and operates 23 freehold going concerns, with a portfolio value

F&B BOOM TO HIKE SYDNEY PARK

Posted on July 8th, 2016 by Clyde Mooney
The last entry-level pub in Sydney’s indomitable Newtown precinct is up for sale, as hunger for f&b hotels continues unabated. The Botany View Hotel is near the southern end of King Street, closer to St Peters station than Newtown, and

PELATHON COY ON PLANS FOR ITS NEW NEW ORANA

Posted on July 4th, 2016 by Clyde Mooney
The acquisitive Pelathon Pub Group has swooped on a Lake Macquarie local as it eyes new candidates for its proven turn-around management. Pelathon (PPG) is a partnership between the ASX-listed BlackWall Property Funds and long-time operator Jaz Mooney. In April

KEYSTONE SINKS UNDER WEIGHT OF DEBT

Posted on June 29th, 2016 by Clyde Mooney
One of Sydney’s best-known hospitality operators has seen receivers called in to “pursue a sale process” after financial strain and lockout laws took too high a toll. The Keystone Group (TKSG) was formed in 2000 around well-run good-time food &

GAVRILLIS EXIT SEES KEMPSEY HOTEL FOR SALE

Posted on June 29th, 2016 by Clyde Mooney
After 30 years running the Hotel Kempsey, the Gavrilis family has listed the historic property ahead of plans to exit the pub business. The Gavrilis family took on the 1880s pub in 1987, and has been proudly keeping it “all

REILLY’S SYDNEY PARK “PUB” SECRET OUT

Posted on June 27th, 2016 by Clyde Mooney
After weeks of speculation, Ray Reilly has revealed his successful purchase of the Sydney Park Hotel, and says first and foremost it will “remain a pub”. Reilly is the owner-operator of inner-west mecca The Henson, in nearby Marrickville, and recently