Property

AVC LANDS ANGLERS IN ANOTHER EG DEAL

Posted on January 24th, 2022 by Clyde Mooney
Australian Venue Co. has continued its investment in Victorian pubs, taking the freehold going concern of the Anglers Tavern with another investment partner, EG Private Wealth. Maribyrnong’s Anglers Tavern is the largest food and beverage venue north of the Melbourne

ALH AND ENDEAVOUR BACK IN BUY MODE

Posted on January 21st, 2022 by Clyde Mooney
Australia’s largest publican has completed its first Queensland transaction since its ASX listing with Endeavour, making a Commercial decision in another strategic region. Purchase of the Commercial Hotel Charters Towers is the first settled Sunshine State acquisition for Endeavour Group

SHORT GOES LONG IN WINDSOR

Posted on January 19th, 2022 by Clyde Mooney
Fraser Short has burst into Windsor, picking up two pubs in quick succession with new partners. The first to arise was Windsor’s well-known Fitzroy Hotel, operated by 'Lion-heart Luke' Ainscough, which has sold to the newly-formed syndicate of Fraser Short

MOELIS CAPS 21 WITH A BANG IN BYRON’S HOTEL BRUNSWICK

Posted on December 17th, 2021 by Clyde Mooney
Moelis Australia Hotel Management has book-ended the big buys of Byron, paying $68 million for Delvene Cornell and David Gyngell’s Hotel Brunswick of Brunswick Heads. The Hotel Brunswick is an icon of northern NSW, 20 minutes north of Byron Bay,

AVC AND HPI’S BIG EOY SHAKE-UP

Posted on December 17th, 2021 by Clyde Mooney
Australian Venue Co and listed partner HPI have announced an end of year portfolio shake-up, cashing in at Acadia Ridge and snapping up the entire ‘Booze Bros’ Saturno portfolio. Hotel Property Investments (ASX:HPI) has agreed to pay $66.1 million in

NEWCOMER GETS LUCKY IN NEWCASTLE

Posted on December 15th, 2021 by Clyde Mooney
The McCloy sisters have sold their award-winning Lucky Hotel of Newcastle to a new entrant to the NSW pub market, private equity banker Martin Scott and family. Previous incarnation the ‘Lucky Country Hotel’ was a lively part of Newcastle’s pub

BAYSWATER IN THE HANDS OF LOCALS CO

Posted on December 15th, 2021 by Clyde Mooney
The expanding LocalsCo has added the landmark Bayswater Hotel to its collection of high-profile assets. The 123-year-old heritage-listed hotel resides on 6,452sqm between the Perth CBD and Airport, within Development WA’s Metronet East redevelopment area, boding an upgrade of the

STANFORD HAT TRICK PASSES PUB @ RIVO TO NEW MONEY

Posted on December 13th, 2021 by Clyde Mooney
The Stanford family have sold their third and final hotel, the Pub @ Rivo, to a new and growing consortium led by businessman Andrew Wheeler and publican Brendan Hood. Around three months ago the Stanfords began the process to navigate

FOOTY HERO BURKE FAMILY PASS NORTHSIDE TO HARVEST

Posted on December 10th, 2021 by Clyde Mooney
Harvest Hotels have taken another big regional pub in the Northside Hotel, Albury, from the famous footballing Burke family. Patriarch Peter Burke and co. bought the Northside in 2005 and have operated it for the past 16 years. They also