Real Estate

CHARTER HALL + ALH PONDER REDCAPE

Posted on September 2nd, 2015 by Clyde Mooney
Smart money continues to stalk Australian pubs, with rumours Charter Hall and ALH are contemplating a snap buy of Redcape before it goes to the open market. Business Spectator reported that Charter Hall Group may team up with the country’s

IRIS’ ‘EMPIRE’ BUILDING KINGS CROSS OPPORTUNITY

Posted on August 31st, 2015 by Clyde Mooney
Making the most of Kings Cross’ reluctant transformation to residential, cashed-up Iris Capital Group has acquired three adjacent blocks on Darlinghurst Road. It has been revealed Sam Arnaout’s Iris Group has completed the purchase of the Empire Hotel – adjacent

FUTURE PUB FOR SALE AS LAKELANDS DISTRICT GROWS

Posted on August 31st, 2015 by Clyde Mooney
A Perth pub has hit the market – two years ahead of its opening the doors. Slated as part of the in-progress Lakelands Private Estate, the Lakelands Tavern is being offered for Expressions of Interest by national property developer Peet

LEACH & SHORT BUY IMPERIAL HOTEL

Posted on August 28th, 2015 by Clyde Mooney
Just a month after being closed by OLGR, Erskineville’s Imperial Hotel has sold to industry stalwarts Fraser Short and AHA NSW President Scott Leach. The ‘Spicey’ former operators of the famous LGBTI-community venue operated the leasehold business for just three

TWO MORE PUBS FOR GROWING MELBOURNE PUBLICANS

Posted on August 24th, 2015 by Clyde Mooney
The burgeoning Dixon Hospitality Group (DHG) has swooped on two more Melbourne pubs as it continues to optimise its portfolio. The Middle Park Hotel is just a couple of kilometres due south of Melbourne’s CBD, and the Newmarket Hotel is

LALOR PARK JOINS LIST OF TOP GAMERS TO MARKET

Posted on August 21st, 2015 by Clyde Mooney
The winning run of top gaming pubs continues with another coveted freehold going concern coming to market. Situated on a large block in the fast-growing district of Blacktown, the Lalor Park Hotel is likely to become a top-100 gaming venue,

FEROS GRABS TOP GAMING PUB WITH D.A. UPSIDE

Posted on August 14th, 2015 by Clyde Mooney
Yet another of the State’s top gaming pubs has sold in another show of force for the pub and gaming industries. John Feros’ JDA Hotels has grabbed Mascot’s Tennyson Hotel for around $27 million as the national pub market continues

ROMANO’S HITS THE MARKET

Posted on August 14th, 2015 by Clyde Mooney
One of regional NSW’s best-loved pubs has come on the market, amid high market expectations. John Hussey is putting his Romano’s Hotel up for auction to concentrate on his businesses in his home State of Queensland. NSW’s largest inland city,

END OF AN ERA FOR MELBOURNE GASTRO PUB

Posted on August 12th, 2015 by Clyde Mooney
The acclaimed Terminus Hotel has come on the market as its long-term operator calls end to an “amazing journey”. Driving the Hotel since 2004, Russell Griggs says the Melbourne pub scene has changed dramatically in the past eleven years, and

MORE PROFITS PENDING FOR ALH’S LANDLORD

Posted on August 10th, 2015 by Clyde Mooney
The original ALH listed landlord tips a “positive” future amid higher profit distribution and continued “operating profitability” across much of its pub portfolio. ALE Property Group last week released its Annual Review, Annual Report and Property Compendium 2015, detailing finances