Simon Paterson’s Town Tavern and development at Blacktown have been put to market by receivers, set to tempt operators and those willing to take a Top200 pub to the next level. The Town is a prominent, high-performing venue, adjacent to Blacktown train station, occupying a 308sqm tenancy within Westpoint Shopping Centre, sporting an efficient layout […]
The Hurley Hotel Group (HHG) has begun construction on Hotel Panorama, on Adelaide’s Goodwood Road. HHG is a South Australian family-owned business with over four decades’ experience, currently operating ten hotels along with Hurley Cellars. Cox Architecture, a local company whose portfolio has also included the redevelopment of Her Majesty’s Theatre, Adelaide Botanic High School
Former Qantas CEO and Tourism Australia chair Geoff Dixon has listed the picturesque Blue’s Point Hotel in McMahon’s Point, by popular demand. One of the first pubs built on Sydney’s north shore, the watering hole has been a local icon for over 160 years. Its present iteration is a two-storey red brick structure in the
Paddington’s famous Unicorn Hotel has been sold as a restapled freehold going concern to the Feros’ JDA Hotels. Commonly known as ‘Fringe Bar’, the Unicorn is famed for its Monday night comedy acts and eastern suburbs socialite crowd, being located on Oxford Street, amid the high fashion retailers of Glenmore Road and a conga
Australian Venue Co is finding renewed strength under new owners PAG, and armed with a new investment chest is ratcheting up its acquisitions. In August news broke of the $1.4bn deal whereby PAG Asia Capital bought KKR’s 80 per cent stake in the pub group. The transaction has now settled, heralding a new $900 million debt
Interstate investors are divesting their long-held Railway Hotel in Marian, to focus closer to home. Located 28 kilometres from Mackay Airport, the Railway is the only hotel in the town of Marian, serving around 4,200 local residents and the broader Pioneer Valley, with its population of some 15,000 people. Within the Railway’s 1,586sqm site is
The Bayfield family is parting with their stately Light Brigade Hotel, as they head back to the beach. Standing like a sentinel at the highest point in Paddington-Woollahra since the 1880s, the three-level pub occupies a prominent position with two street frontages, on the corner of Oxford St and Jersey Rd. Beyond its proximity to
James Wynne’s investment vehicle Shogroup has partnered with John Upham to take their first pub in Adelaide with purchase of the new Eight Dragons in redeveloped Chinatown. Shogroup and Upham have secured a 37-year lease on the new Hotel, which is the only hotel in the precinct, and located in a prime spot beside the
The high-profile Public Hospitality Group led by Jon Adgemis has listed the Empire Hotel in Annandale, as it strives to maintain the collection under increasing financial strain. Public (PHG) has amassed 22 pubs and hotels in Sydney and Melbourne, including the Camelia in Alexandria, Lady Hampshire in Camperdown, and Strand Hotel in Darlinghurst. PHG picked
Redcape has furthered its portfolio shakeup and Gallagher Hotels has traded up, seeing sale-swap of the Criterion in Sydney and Cresent Hotel in Fairfield, in a transaction worth a combined $70 million. The high-profile sale and purchase deal reflects the ongoing variations in boardroom strategies, as both groups look to deploy capital and capitalise on
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