Real Estate

Massive pubs hit market amid investment and development boon

Posted on February 23rd, 2015 by Clyde Mooney
Five big footprint pubs have burst onto the market, as Queensland’s favourable conditions and new developer laws set in. [caption id="attachment_766" align="alignright" width="258"] Stafford Tavern in Brisbane[/caption] Pub operators Drinx and AT Hotels are divesting pubs in South-East Queensland boasting

Chinese Pub Li City buys $45 million Prince of Wales Hotel

Posted on February 23rd, 2015 by Clyde Mooney
[caption id="attachment_781" align="alignright" width="355"] Prince of Wales Hotel[/caption] Pub Li City P/L has reportedly purchased one of Melbourne’s finest hotels for $45 million. 27-year-old Chinese developer Jiyuan “Louis” Li is the sold director and principle shareholder in Pub Li City

Pub sales running hot as A-grade assets run short

Posted on February 20th, 2015 by Clyde Mooney
With Sydney and Melbourne’s pool of A-grade assets shrinking, demand is rising for hotels in other capitals and city fringes. Hot on the heels of purchases nearby by the publicly listed HPI pub landlords, The Australian yesterday reported the listing

Another prime Melbourne freehold hits the market

Posted on February 13th, 2015 by Clyde Mooney
The Bay Hotel on the Mornington Peninsula has come on the market, and is likely to attract more investment capital into the pub sector. Prominently positioned in the heart of Main Street, Mornington, the hotel freehold is tipped to bring

Newport Arms hits market as Bayfields sell family jewels

Posted on February 9th, 2015 by Clyde Mooney
After more than a year of speculation, the Bayfield family has officially announced the sale of its iconic Newport Arms Hotel. [caption id="attachment_604" align="alignright" width="332"] Newport Hotel, 1925. Image courtesy NSW State Library[/caption] Having owned the 1880 landmark since 1991,

2015 pub market starts hot with another Iris Group purchase

Posted on February 4th, 2015 by Clyde Mooney
The Sydney pub market has jumped into 2015, with several quick sales including yet another Iris Group purchase – Riverwood’s Napoleons Hotel. In the Western gaming heartland, Napoleons is the latest of a string of acquisitions for the rapidly growing

Red-hot HPI snatches two blue-ribbon Queensland pubs

Posted on January 30th, 2015 by Clyde Mooney
Two quick purchases by one of the country’s best-performing hotel property owners has set the tone for a hot year in the investment market. After a successful IPO in 2013, Hotel Property Investments (HPI) – the freeholder spin-off of re-structured

Pubs benefiting from development wave: CBRE

Posted on January 21st, 2015 by Clyde Mooney
CBRE Hotels offices around Australia say pubs will benefit in both trade and value from the wave of development activity taking place around the country. With property sales and developments in Melbourne and Perth reaching new levels of activity, the opportunities