Property

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

KICKON DIVES INTO THE DOCK

Posted on September 15th, 2023 by Clyde Mooney
Kickon Group has kicked again, bringing more skin into the game with purchase of The Dock and Wharf in Mooloolaba, on the Sunshine Coast. Overlooking the picturesque Mooloolah River and Marina, The Dock offers bars, a 500sqm restaurant seating over 300, multiple function

TWO MORE QUICK SALES FOR REDCAPE

Posted on September 8th, 2023 by Clyde Mooney
Chasing the news of two sales in the past fortnight, Redcape Hotel Group has announced the off-market sale of both the Shafston Hotel in Brisbane and the Central Hotel in Shellharbour. The big, multi-level Shafston Hotel is in East Brisbane,

NEW STAR OVER REDCAPE’S HISTORIC ASPLEY

Posted on August 28th, 2023 by Clyde Mooney
Redcape’s historic and beloved Aspley Hotel in Brisbane’s north has sold off-market to local operators Star Hotels. The Royal Exchange Hotel was built on the site in 1875, before the current building, designed by architects Addison and Macdonald, replaced it

KKR OFFLOAD AVC IN BILLION-DOLLAR DEAL

Posted on August 25th, 2023 by Clyde Mooney
Global investment giant KKR has formalised an agreement with alternative investment firm PAG for purchase of its controlling share in Australian Venue Co (AVC) in a billion-dollar-plus deal. Today’s announcement finalises a process that began nearly a year ago with