Property

TILLEY & WILLS EXIT RICHMOND, HEADING NORTH

Posted on November 8th, 2024 by Clyde Mooney
Tilley & Wills have divested their large-format Richmond Inn Hotel to a local ‘Lion’ as the intrepid operators forge north. Popularly known as the Ricky Inn, the historic suburban hotel was built 1864, occupying a 2,996sqm corner opposite the train

STEHR TAKES UP ARMS

Posted on October 28th, 2024 by Clyde Mooney
Landmark of the Sydney CBD fringe, the Iconic Glasgow Arms Hotel in Ultimo has been sold to Stehr Hospitality, ushering in fresh eyes to sustain the historic pub. Situated in the heart of bustling Ultimo, the hotel, built 1906, is

ALH TO HAVE THE CAV

Posted on October 2nd, 2024 by Clyde Mooney
Endeavour Group and ALH have stepped up the footprint in the Territory, securing approval to buy Mick Burns’ legendary The Cav. The Cavenagh Hotel is one of the Northern Territory’s oldest pubs, first licensed in 1932 as the Don Hotel,

NEWCOMER PICKS UP GARRY OWEN

Posted on October 2nd, 2024 by Clyde Mooney
Garry Owen is looking to a new future in Rozelle, as the century-old inner west pub changes hands again. Occupying a 358sqm lot on a corner of bustling Darling Street, the two-storey Garry Owen was built in 1920. Holding a

UNIVERSAL TAKES TEMPE VIA THE RIVERVIEW

Posted on September 30th, 2024 by Clyde Mooney
The Kospetas family’s Universal Hotel Group has executed a coup in Tempe with acquisition of staunch local the Riverview Hotel. Situated in Sydney’s inner west, roughly 10 kilometres southwest of the CBD, it features a popular sports bar, bistro, function

VIRTICAL RULE OUT THE REPUBLIC

Posted on September 20th, 2024 by Clyde Mooney
In the spotlight developer Virtical has offloaded the Republic in the Sydney CBD to industry veteran Chris Thomas for a significant loss. After bursting into the picture in 2023, spending over $125 million in a matter of months including more

AVC MOVES INTO HALLMARK

Posted on September 16th, 2024 by Clyde Mooney
Weighing into the recent return in pubs activity, Australian Venue Co has struck its first major deal under its new majority owners, buying 10 venues from Hallmark Hospitality in SEQ. The Melbourne-based group has paid around $50 million for the

FRANCIS GROWS WITH REDCAPE’S WATTLE GROVE

Posted on September 13th, 2024 by Clyde Mooney
The Redcape reshuffle rolls on with the group’s twice-owned Wattle Grove Hotel becoming the next step in the northward expansion of Melbourne-based Francis Group. This is the second Redcape Hotel Group (RHG) acquisition by the southerners, headed up by Tom

REDCAPE OFFLOAD VAUXHALL TO ORION

Posted on September 11th, 2024 by Clyde Mooney
Redcape has continued the portfolio hygiene with divestment of the Vauxhall Inn at Granville to the growing Orion Hotels. Established in 1852 on a corner of Parramatta Road, the two-storey heritage-listed hotel was rebuilt in the 1930s in the distinctive

THE SALMONS’ SHIFTING TIDES AT CHATSWOOD

Posted on September 6th, 2024 by Clyde Mooney
Rod Salmon has passed his newly rebranded Chatswood Hotel on Sydney’s north shore to a growing local operator. The two-level pub, previously known as the Chelsea, occupies a 765sqm strata site surrounded by residential and commercial buildings and opposite the