Property

$100m of pub purchases for Redcape & HPI

Posted on February 27th, 2015 by Clyde Mooney
One of Australia’s largest pub owner operators, Redcape Hotel Group, has snapped up the top-performing Crown Hotel in Revesby for more than $30 million. Coming in at #19 on the OLGR list of gaming venues, the Crown is Redcape’s largest

Chinese Pub Li City buys $45 million Prince of Wales Hotel

Posted on February 23rd, 2015 by Clyde Mooney
[caption id="attachment_781" align="alignright" width="355"] Prince of Wales Hotel[/caption] Pub Li City P/L has reportedly purchased one of Melbourne’s finest hotels for $45 million. 27-year-old Chinese developer Jiyuan “Louis” Li is the sold director and principle shareholder in Pub Li City