Real Estate

PUBLICAN GROUP SINKS INTO RECEIVERSHIP DESPITE DIXON SWOOP

Despite divesting its entire portfolio late 2017, the beleaguered Publican Group has been put into voluntary liquidation. The cashed-up Dixon Hotel Group – since rebranded to Australian Venue Co (AVC) – bought the clutch of nine Publican Group venues in Victoria and Western Australia in October 2017, taking possession late November. Founded in 2014, AVC’s

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IRIS’ MASSIVE KINGS CROSS DEVELOPMENT AT THE BOURBON

Sam Arnaout’s expansive Iris Capital has lodged plans for a massive residential and hospitality development in Kings Cross to replace The Bourbon and Empire Hotels and surrounds. Around the group’s 2015 purchase of The Bourbon from Chris Cheung, Arnaout orchestrated acquisition of several adjacent lots, ending at Roslyn Street with the purchase of the Empire

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OXFORD HOTEL MEANS TAYLOR SQUARE HATTRICK FOR UNIVERSAL

Universal Hotels has landed a trifecta in Taylor Square with acquisition of Pelathon’s Darlinghurst icon, the Oxford Hotel. The pub on the corner of the eponymous Oxford Street and Bourke Street went through several name changes and minor geographical repositioning between being first licensed in the 1850s and being demolished to facilitate road widening in

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