Real Estate

SIR GEORGE SPIES HOT MARKET

Posted on September 22nd, 2021 by Clyde Mooney
Entering the procession of large-format regional operations hitting the market amid surging opportunity, the iconic Sir George Hotel is being offered for sale. Located on the M31, a major travel route between Sydney and Melbourne, and Canberra and Wagga Wagga,

CHARTER HALL & HOSTPLUS’ $1.7BN DEAL FOR ALE

Posted on September 22nd, 2021 by Clyde Mooney
Charter Hall and Hostplus have teamed again to pay around $1.7 billion for the entire portfolio of ASX-listed ALE – the previous largest pub landlord in the land. Funds manager Charter Hall has secured purchase of ALE (ASX:LEP) through the

JULIA CREEK ON OFFER AHEAD OF LOCAL BOOM

Posted on September 17th, 2021 by Clyde Mooney
A classic Queenslander all-rounder has come to market in the Julia Creek Hotel of Julia Creek. The two-storey family-owned pub in Queensland’s north-west minerals province enjoys diverse revenue streams, through food and beverage facilities, retail and accommodation. It offers public

BIGGEST PUB PUBLICANS CAN’T HELP GETTING BIGGER

Posted on September 15th, 2021 by Clyde Mooney
The very-large-format Comiskey Group is getting considerably bigger, kick-starting plans for multiple developments, beginning with a new hotel and complex at Dakabin, north of the Brisbane CBD. The proposed development centres around a brand new 2,000sqm hotel, shopping centre with

COLLECTIVE HEADS TO KICKON WITH NEW VENUES AND LOOK

Posted on September 15th, 2021 by Clyde Mooney
Craig Shearer and crew’s Collective Heads has relaunched as Kickon Group, along with new appointments and two new venues in the portfolio. The Kickon Group portfolio began with Fitzroy North’s The Terminus, Brisbane’s historic Plough Inn, and The Collective, on

BARRY ADDS GRAFTON CROWN JEWEL TO THE PORT

Posted on September 15th, 2021 by Clyde Mooney
North coast publican Harry Barry has taken the title to the idyllic Crown Hotel of Grafton, in the NSW northern rivers region. The Crown Hotel Motel is situated on 6,000sqm of riverfront land in the heart of historic Grafton. The

WHY REDCAPE IS DELISTING: DAN BRADY

Posted on September 13th, 2021 by Clyde Mooney
Ending a turbulent, pandemic-tainted stint on the Australian Stock Exchange, listed pub group Redcape will soon return to private ownership following an overwhelming shareholder vote. Having taken several forms and been in the hands of multiple movers and shakers, Redcape

PENINSULA PLAYERS LEAP ON BALMAIN’S DRY DOCK

Posted on September 10th, 2021 by Clyde Mooney
Sydney’s white-hot pub market continues despite closures with sale of the languishing Dry Dock Hotel to new specialist entity Peninsula Hospitality Group. Recognised as one of Balmain’s oldest pubs, established 1857, the Dry Dock is adjacent to the Balmain Ferry

GOODFOLK GO ALL IN IN THE FAMILY

Posted on September 10th, 2021 by Clyde Mooney
Goodfolk Group has expanded its Hunter portfolio with purchase of the restapled Family Hotel in Maitland. Set on a large land holding of 2,136sqm, offering public bar and TAB, bistro, open and covered outdoor areas, function room and first floor

MOONEY HEDGES BETS WITH STRONGHOLD STAKE

Posted on September 8th, 2021 by Clyde Mooney
Jaz Mooney’s Oxford Hotels has executed a sale-and-leaseback at its Grand Hotel, making hay in a hot market ahead of lingering uncertainty. Stronghold Investment Management, based in Brisbane, has paid a reported $13 million for the freehold of the landmark