Property

SAVIC SCORES ANOTHER GONG, WITH IMG

Posted on October 19th, 2022 by Clyde Mooney
Veteran corporate hotelier Steve Savic has teamed up with the players behind IMG Hotels to purchase the tired Mittagong Hotel in the NSW southern highlands, with big plans. Built in the last few years of the 1800s, the three-storey Mittagong

LAUNDY NABS HUNTS HOTEL CASULA

Posted on October 5th, 2022 by Clyde Mooney
Pub king Arthur Laundy has picked up the sprawling Hunts Hotel in Casula, less than six months after the record-setting sale in the precinct of the Crossroads Hotel. Hunts is located directly opposite the big Crossroads, which sold to Nelson

MATTHEWS EXPANSION CONTINUES, WITH SUSSEX

Posted on September 19th, 2022 by Clyde Mooney
Matthews Hospitality, one of South Australia’s largest family-owned groups, has added the iconic Sussex Hotel at Walkerville to its portfolio. The Matthews group was established during World War II by Seymour and Doris (Dossie) Matthews, and today owned by third-generation

IRIS SEES OLD WISEMANS FROM YOUNG

Posted on September 12th, 2022 by Clyde Mooney
Bill Young has continued the house shake-up, selling his long-held Wisemans Inn Hotel to Sam Arnaout's expanding Iris Capital empire. The large-format Hotel was built by British convict Solomon Wiseman, who after being pardoned received a grant of 200 acres,

ENDEAVOUR SETS COURSE FOR FIVE ISLANDS

Posted on September 9th, 2022 by Clyde Mooney
Ludlow Hospitality and Paddy Coughlan have flipped popular Illawarra pub Five Islands to Mark Kennedy’s Endeavour Hotels. The former Cringila Hotel was built in 1956. The Gravanis brothers’ Oscars Hotels bought the tired operation, promoting itself as a ‘daddy daycare’

CLATWORTHYS OUT OF THE ARMS

Posted on September 9th, 2022 by Clyde Mooney
An historic Melbourne pub has changed hands for the first time in more than half a century, seeing the stalwart Clatworthy family move on. The Sawyers Arms Tavern of Newtown, on the fringe of Geelong, was built in 1850 by

CAMPIONS’ LONGY SALE AFTER A CENTURY

Posted on August 26th, 2022 by Clyde Mooney
The cornerstone Longueville Hotel is the latest is a procession of generational family exits to change hands, as long-timers the Campion family sell after nearly a century for reportedly close to $50 million. Occupying a gateway site fronting Lane Cove

ALH AND CHARTER HALL SNAP UP WARATAH’S TANDY

Posted on August 17th, 2022 by Clyde Mooney
ALH Group has teamed again with Charter Hall to purchase the Tandara Hotel in Sarina from pub pundits Waratah Hotel Group. The Tandara occupies a large 5,100sqm corner block fronting the Bruce Highway and Central Street, in coastal Mackay. It

MAGUIRE FAMILY EXIT AUSSIE AFTER 131 YEARS

Posted on August 15th, 2022 by Clyde Mooney
The Australian Hotel, established by the Maguire family in 1891, has been sold outside the family for the first time ever, to growing Sydney publican Warren Livingstone. A local western Sydney family was behind creation of the Australian Hotel, on

HAKFOORT FAMILY TEMPT HPI AND AVC OUT OF STANLEY

Posted on August 15th, 2022 by Clyde Mooney
The ASX-listed Hotel Property Investments (ASX:HPI) and Australian Venue Co (AVC) have sold the Lord Stanley Hotel in East Brisbane to Queensland faithfuls the Hakfoort Group. The re-stapled freehold going concern of the Lord, on circa 5,500 sqm, incorporating public