Real Estate

WAGGA HATTRICK AS BUYERS TAKE WHAT THEY CAN GET

Posted on May 10th, 2021 by Clyde Mooney
Activity continues in regional Australia with sale of the Duke of Kent Hotel – representing the third Wagga Wagga pub sale announcement in as many weeks. Located on Wagga’s main drag, Fitzmaurice St, the Duke is a welcoming country pub

IPO-BOUND AVC ADDS TWO MORE

Posted on May 7th, 2021 by Clyde Mooney
AVC has continued its unyielding acquisition strategy, picking up two more pubs including the biggest 2021 sale to date in Queensland, in association with listed landlord HPI. Currently working on its book build for an IPO tipped for coming weeks,

JACARANDA ON OFFER: FIRST TIME IN 56 YEARS

Posted on May 7th, 2021 by Clyde Mooney
Grafton’s Jacaranda Hotel has been listed for sale by the long-serving Stokes family, who have held it for over five decades. The Jacaranda is a classic two-storey timber structure on a generous 2,037sqm corner lot in the heart of the

FEROS OFFERS UP TERREY HILLS TAVERN

Posted on May 5th, 2021 by Clyde Mooney
Feros Group has announced the very large-format Terrey Hills Tavern is back on the market, as they look to focus on a swathe of opportunities in Sydney’s south. Nick and Chris Feros' group has listed the Northern Beaches landmark, as

OSCARS DIVEST STRAND TO ADGEMIS’ JAGA GROUP

Posted on May 5th, 2021 by Clyde Mooney
The Gravanis brothers’ Oscars Hotels has divested Darlinghurst’s Strand Hotel to the Jon Adgemis-led JAGA Group. Bill and Mario Gravanis have been particularly acquisitive over the past few years, purchasing the likes of the Beachcomber Resort on the Central Coast

AVC LOOK TO RAISE $350m IN IPO

Posted on May 5th, 2021 by Clyde Mooney
Australian Venue Co. has taken the next steps toward its public float, with fund managers this week informing investors the process will look to raise $352 million, while New York financial giants KKR retain their share.  American heavyweight KKR secured

OATES GROW RIVERINA REALM WITH ROMANO’S

Posted on May 3rd, 2021 by Clyde Mooney
Another Wagga Wagga hotel hotel has sold sold, as the famous Romano's joins a family in Riverina pub ownership. The landmark Romano’s Hotel has been in the hands of a syndicate of local and Sydney-based owners since 2016. The investors

SEASIDE HARRINGTON HOTEL JOINS COASTAL CAVALCADE

Posted on April 30th, 2021 by Clyde Mooney
The sea-kissed Harrington Hotel is being offered to market in mid-north coast NSW, for the first time in 23 years. Situated in the beachside township of Harrington, around 330 kilometres north of Sydney or forty minutes south of Port Macquarie,

MERIVALE MOVES INTO MELBOURNE

Posted on April 28th, 2021 by Clyde Mooney
Hospitality juggernaut Merivale has announced it will soon join Melbourne’s world-class hospitality industry in the beating heart of the city’s CBD, Flinders Lane. Justin Hemmes’ outfit has purchased the freehold of Tomasetti House at 277 Flinders Lane, for close to