KKR has ended speculation, announcing acquisition of a “majority share” in the fast-growing Dixon Hospitality Group for an undisclosed amount. Dixon (DHG) stormed onto the Australian hospitality scene in 2012, expanding upon the ‘party’ boat business of former Spotless CEO Bruce Dixon and son Michael. Bringing some high-profile business backers, DHG purchased one venue, then […]
As Redcape’s destiny continues to be the subject of speculation, the Group has quietly sold one of its inner western Sydney pubs to the Gravanis brothers’ diverse and acquisitive Oscars Hotels. Located on the corner of New Canterbury and Livingstone Roads in Petersham, the Livingstone is a classic locals’ pub, offering rare onsite parking and
Mornington’s unique and popular Merchant Lane has hit the market, the pride of Melbourne’s southern peninsula after a ‘no expense spared’ renovation. Merchant Lane is within a retail strip on Main St, Mornington, minutes’ walk from the Foreshore Reserve, which looks north over Port Phillip Bay. The pub offers multiple trading spaces with a unique
Dubbo pub kings Greg Pilon and Brett Harvey have listed their town centre Commercial Hotel in the rural hub, eying expansion to the coast. Comprising a traditional hotel adjoining a former dwelling, the Commercial occupies 1,635m² on a corner of main road Brisbane Street. It comprises a bar, bistro, function room, spacious beer garden and
The team behind the Open Door Pub Co are back, with ambitious plans and the freehold acquisition of Hardiman’s Hotel in Kensington. Open Door Pub Co (ODPC) was the product of Michael Thiele and Craig Ellison, formed in 2004, furthering the pair’s UK enterprise the Walkabout Inns. ODPC accumulated a large collection of hotel operations,
Iris and Gallagher Hotels have furthered their history, speaking exclusively of selling each other the Hunters Hill Hotel and Tiger Bar in the biggest pub transaction in years, sources say tops $64 million. Sam Arnaout’s Iris Capital has been behind some very successful pub developments and is likely Australia’s most influential truly integrated development and
HUGE GALLAGHER IRIS HUNTERS HILL TIGER PUB SALE BUY SWAP Read More »
Charter Hall and Hostplus’ Long WALE REIT has extended its relationship with Australia’s biggest publican, buying three hotels in a sale and leaseback deal worth $23.2 million. Long WALE (Weighted Average Lease Expiry)(ASX: CLW) is managed by Charter Hall Group (ASX: CHC), with its 25+ years’ experience managing property and over $19bn in funds under
Aligning with the arrival of a new Paech, the Goodtime Hospitality boys have divested their West Village Hotel – aka the White Cockatoo – to inner-west publican prophet Ray Reilly. Forming in mid-2014, Locky Paech and James Bodel’s hotel business kicked off with the purchase of Petersham’s White Cockatoo later that year. After running it
REILLY BUYS THE GOODTIME WEST VILLAGE WHITE COCKATOO Read More »
The Rocks Brewery & Bar comes to market in a unique opportunity, as The Rocks-based brewer pares back in a “different direction”. Established in 2008, Rocks Brewery has enjoyed significant penetration in the Australian craft beer market, and this saw the company expand into its own brand-new brewery facility in Alexandria in late 2013. The
ROCKS BREWING CHANGES ‘DIRECTION’ WITH SALE OF PUB-BREWERY Read More »
Furthering the opportunity in Sydney’s south-east, Bob Tate and partners have listed the striking Glasshouse Hotel in Maroubra. Joining the elegant and historic Botany Bay Hotel in Banksmeadow, further south on the peninsula, the Glasshouse Hotel prides itself as a local, offering “The brekky, the brunch, the long lunch … the business, the pleasure”. Tate
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