Property

TWO MORE IN THE TROUPE FOR REDCAPE

Posted on February 19th, 2025 by Clyde Mooney
Redcape continues the portfolio build, signing for two more freehold assets in SEQ, for a combined $66 million. These acquisitions follow the recent purchase of three other venues in the Sunshine State by MA Redcape Hotel Fund, now joined by

THE 1880 NEW-TIMERS RACING IN BATHURST

Posted on February 7th, 2025 by Clyde Mooney
The 1880 Hotel in Bathurst is in eager new hands, as the team of White and Saxby look to bring the love back to the regional landmark. The two-storey pub resides on a prominent 1,233sqm lot opposite the Bathurst Council

ROCHE CASHES IN AT CALYPSO BAY

Posted on February 3rd, 2025 by Clyde Mooney
Roche Group has divested its waterside Harrigan’s, at Calypso Bay, to Queensland hotelier Rick Adams. Roche is the private developer of the entire $2 billion Calypso Bay master planned housing estate, which it has been creating on a 269-Ha former

RAILWAY WINDSOR SOLD AFTER 27 YEARS

Posted on January 31st, 2025 by Clyde Mooney
The Railway Hotel in Sydney’s north-west growth corridor has transacted for the first time in decades, becoming the first metropolitan sale in the NSW capital for 2025. A classic corner pub in Windsor, the two-storey Railway is located at the

VETERAN NOVOCASTRIANS SNAP UP FINNEGAN’S

Posted on January 29th, 2025 by Jane Louise
Newcastle icon Finnegan's Hotel has been sold for the first time in decades, with the Hunter family handing over to established locals. Positioned prominently at the intersection of busy King and Darby Streets, opposite Newcastle Civic Park and City Hall,

VIRTICAL’S LAST PUB SOLD

Posted on January 24th, 2025 by Clyde Mooney
The sun has set on pub operator Virtical’s portfolio, with a successful sale of Hotel Australasia to another hospitality developer. The picturesque heritage-listed Hotel is a landmark of Eden, on the NSW south coast, built in 1904, with 38 metres

REDCAPE REVERSES WITH MULTIPLE ACQUISITIONS

Posted on January 22nd, 2025 by Clyde Mooney
MA Redcape Hotel Fund has reversed its run of divestments with purchase of three hotels in coveted southeast Queensland, to further its portfolio refresh and optimisation. The prior calendar year continued a shake-up of the Redcape stable that saw multiple

IRIS TAKES TWO FROM REDCAPE

Posted on January 20th, 2025 by Clyde Mooney
The Redcape reshuffle peaked in December with sale of two of its big-ticket gaming hotels to Sam Arnaout’s Iris Capital. Transaction of the Cabramatta Hotel in Cabramatta and El Cortez in Canley Heights is reported at more than $180 million.

SOLOTEL SNARES A SET OF PUBLIC PUBS

Posted on December 13th, 2024 by Clyde Mooney
Leading Sydney operator Solotel has emerged as the new operator of the majority of the Public Hospitality portfolio recently into receivership, adding three inner west pubs to the collection. Formerly high-flying dealmaker for tax advisor KPMG, Jon Adgemis, came unstuck

REILLY FINDS A FRIEND

Posted on December 13th, 2024 by Clyde Mooney
One of Glebe’s historic watering holes has a new Friend – for the third time in six years, as Ray Reilly and co take on the inner west pub, following a public sale by Marcello Colosimo’s Momento Hospitality. In 2022