Property

COLOSIMO ROPES IN DIXON’S NAG’S HEAD

Posted on July 11th, 2022 by Clyde Mooney
Marcello Colosimo has taken an inner west hattrick, picking up Dixon’s historic Nag’s Head Hotel in Glebe. Former Qantas CEO Geoff Dixon and business partners David Birkbeck and Russ Lowe’s vehicle DBL Pub Group bought the 1860s-built pub in 2015

ARNAOUT TAKES FIVE IN ALICE

Posted on July 8th, 2022 by Clyde Mooney
Iris has taken another big step in the red centre, acquiring three pubs and two accommodation hotels in Alice Springs. Sam Arnaout’s expansive group already owns the award-winning Lasseters Casino in Alice Springs, purchased early 2021. Iris’ portfolio in the

RETIRING PRENTICE PUTS UP HISTORIC CRITERION

Posted on July 6th, 2022 by Clyde Mooney
Master publican Tony Prentice has put up his historic Criterion Hotel of Warwick as he looks to an exit from the industry. The two-storey brick Criterion of today was built in 1917, for the Allman family, for an estimated price

JACK DUGGAN’S FUTURE LOOKING BRIGHT

Posted on July 6th, 2022 by Clyde Mooney
Award-winning local institution Jack Duggan’s Irish pub in Bathurst has been sold to a growing regional hotel group. A pub has been trading on the site since 1849. Originally named the Daniel O'Connell Inn, it later became the Commercial Hotel.

NRL KICKS OFF INVESTMENT PLANS, BUYING GAMBARO HOTEL

Posted on July 4th, 2022 by Clyde Mooney
The NRL has purchased the legendary Gambaro Hotel as part of investment plans to underwrite the future of Rugby League. The Australian Rugby League Commission, the NRL's controlling body, is implementing a strategy to invest in hard yielding assets, aiming

WHELANS SEE IRIS INTO GENERATIONAL STRATHFIELD HOTEL

Posted on July 1st, 2022 by Clyde Mooney
Ending more than a century under stewardship of the Whelan family, the large-format Strathfield Hotel has sold for around $80 million to Sam Arnaout’s Iris Capital. The three-level pub was built in 1918 after WWI by John Whelan, courtesy of

AVC EXPANSION TAKES IN THE BOUNDARY

Posted on July 1st, 2022 by Clyde Mooney
Australian Venue Co forges ahead with investment in the Sunshine State, now acquiring Brisbane landmark The Boundary. Established in 1864, in Brisbane’s West End, the well-known pub was given a new lease on life in 2018 through a major renovation

MANNING RIVER BRINGS QUINN TAREE TRIFECTA

Posted on June 29th, 2022 by Clyde Mooney
Taree’s large-format Manning River Hotel has been snaped up by the acquisitive syndicate led by Nick Quinn. Situated on Taree major thoroughfare Oxley Street, just a few hundred metres from the mighty Manning, the established Hotel claims many of the

TAPHOUSE CASHES IN AT THE MACCA

Posted on June 27th, 2022 by Clyde Mooney
Taphouse Group has sold its landmark Port Macquarie pub to an established hotelier for what is thought to be a record price for the area.  Known as The Macca, the heritage-listed Port Macquarie Hotel was established in 1939, making it

GOOD BEER HEADS INTO HAROLD PARK

Posted on June 24th, 2022 by Clyde Mooney
Good Beer Company is back on the acquisition horse, buying comedy legend the Harold Park Hotel in Sydney’s inner west. In 1903 the pub on the Ross Street corner in suburban Forest Lodge was known as the Little Bridge Hotel,