Property

REDCAPE SELL-DOWN DROPS MT ANNAN IN S-W SYDNEY

Posted on November 20th, 2023 by Clyde Mooney
High-flying pub group Redcape “continues momentum” in its recent divestment program, with the big-ticket sale of its prized Mount Annan Hotel to an established Sydney hotel family. Redcape de-listed from the ASX in September 2021, with shareholders hoping to achieve

OLD BAR NEW FOR QUINN AND CO

Posted on November 13th, 2023 by Clyde Mooney
Kelly & Co Hotels has announced the quick-draw sale of Old Bar Tavern on the NSW mid-north coast to a partnership headed by growing regional hotelier Nick Quinn. Old Bar Tavern is found around two hours north of Newcastle, on

MERCURY IN THE FOUNDRY

Posted on October 25th, 2023 by Clyde Mooney
Bendigo cornerstone the Foundry Hotel is the latest in a series of regional Victorian pub deals, and a positive sign for the state’s gaming hotel market. The Kuchel family have been dug in operating The Foundry for the past 33

SEGERSTROM GOES EX-BARGO

Posted on October 13th, 2023 by Clyde Mooney
There’s a changing of the guard in Macarthur as veteran Lloyd Segerstrom hands over the keys to his Hotel Bargo, to exit the game. Set on an expansive block, with lawns for events and functions, the pub comprises public bar,

DORE’S SALISBURY OF STANMORE SOLD

Posted on October 9th, 2023 by Clyde Mooney
Ged Dore and partners have successfully sold their revived Salisbury Hotel in Stanmore to growing hotel operator Matthew Sweeney. A landmark of the inner west, on a prominent corner of the main retail strip 100 metres from Stanmore station, the

COMISKEYS MARCH INTO THE IMPERIAL

Posted on October 6th, 2023 by Clyde Mooney
Queensland juggernaut the Comiskey Group has announced the addition of the all-purpose Imperial Hotel of Eumundi to its collection of large-format Queensland pubs. Established in 1911, the Imperial is a classic two-storey Queenslander “with a modern touch” that provides multiple

GALLAGHER DEPARTS MEADOWBROOK

Posted on September 27th, 2023 by Clyde Mooney
Patrick Gallagher and partners have found success in the sale of their large-format Meadowbrook Hotel, tempting a New South Welshman into a thriving gaming operation in the heart of Queensland’s south-east. Located roughly midway between Brisbane and the Gold Coast,

MA BACK OUT OF TAYLOR SQUARE

Posted on September 22nd, 2023 by Clyde Mooney
Property developer Virtical has stepped up its hospitality footprint, exchanging contracts with MA Financial to acquire the high-profile Kinselas and Courthouse hotels, in Taylor Square. In November 2020, the unlisted MA Taylor Square Fund acquired the prominent Courthouse Hotel on

AVC PICK UP INCLUSIVE HOTSPOT THE COURT

Posted on September 20th, 2023 by Clyde Mooney
Australian Venue Co is in The Court, announcing a conditional acquisition agreement to purchase the loud and proud venue in Perth’s entertainment precinct. Established in 1888, The Court’s long in the city includes its long association with the LGBTQIA+ community,

LAST CHANCE SAVES THE TOTE

Posted on September 15th, 2023 by Clyde Mooney
After months of bartering and a massive public campaign to buy and save it, Melburnian music legends Shane Hilton and Leanne Chance have bought Collingwood’s historic The Tote Hotel. Previously known as the Ivanhoe Hotel, the 1870-built pub was renamed