NAVIGATING TO A BETTER FINANCE DEAL
For most business owners, the focal point of a loan offer is on the all-important margin. While this is a key ingredient, I consider it to be just one of the many key points that make up a truly great
RIVERSDALE’S AUSTRALIAN PUB FUND READY TO CASH OUT
The pub fund play to sell in a hot market has attracted another big name with Australian Pub Fund (APF) and Riversdale listing two of the best in time for Christmas. The dollar nous behind APF is comprised of business
LANTERN VOTES TO SELL THE LOT
Lantern Hotel Group’s AGM yesterday saw shareholders pass a resolution to sell down the remaining six properties in the portfolio, meaning more key assets to meet a starved market. Following successes divesting all its ‘non-core’ pubs in line with the
KEYSTONE CONCLUSION CLOSER AS BREAK-UP IMMINENT
The much-anticipated future of The Keystone Group portfolio remains undetermined, as news emerges of a shrinking short-list and Dixon Hospitality eyeing seven of the 17 venues. After falling foul of financiers, a high-profile campaign for the well-known Keystone portfolio has
LAUNDY DOUBTFUL OF REDCAPE PURCHASE
Pub giant and active transactor Arthur Laundy has quashed rumours he is close to buying the $700 million Redcape portfolio. As the Australian pub industry waits with bated breath the fate of the New York hedge-fund-owned collection of big-performance gaming
GOLDMAN SACHS CALLED TO BROKER REDCAPE SALE
As the money-shuffling strategies of its hedge fund owners continues, another potential sales process has emerged for Australia’s high-profile pub group. New York-based Värde Partners and York Capital Management hold the deeds to the gaming-centric Redcape Hotel Group, but will
WOW FIGURES SHED LIGHT ON ALH DILEMMA
Australia’s biggest pub operator is the crux of a profitability dilemma for its majority owner Woolworths, as the supermarket giant weighs up bottom line and a PR crisis. Woolworth Limited (ASX: WOW) yesterday announced its full year results for FY16,
FIGURES SHOW LIGHT AT END OF TURNAROUND TUNNEL FOR LANTERN
The demonstrable turn-around of listed pub group Lantern has been seen in the company’s end of financial year report. Having announced plans to execute a formal ‘Transformation Plan’ (see below) at the end of 2015, the resulting changes to revenue
ALE BASKS AS WOOLWORTHS SWEATS
ALE EOFY results saw dividend increases and prosperity predicted to arise from growth and opportunities in partnership with ALH – backed by flustered supermarket giant Woolworths. In days since the announcement (ASX: LTN) ALE’s securities have remained steady around $4.34
THE FATE OF REDCAPE PROPERTY PAWN
As rumours circle around the fate of one of Australia’s largest and most influential operators, the reality of investment capital in Aussie pubs stays the same. Redcape Hotel Group owns and operates 23 freehold going concerns, with a portfolio value
