Real Estate

THE FATE OF REDCAPE PROPERTY PAWN

Posted on July 11th, 2016 by Clyde Mooney
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

F&B BOOM TO HIKE SYDNEY PARK

Posted on July 8th, 2016 by Clyde Mooney
The last entry-level pub in Sydney’s indomitable Newtown precinct is up for sale, as hunger for f&b hotels continues unabated. The Botany View Hotel is near the southern end of King Street, closer to St Peters station than Newtown, and

PELATHON COY ON PLANS FOR ITS NEW NEW ORANA

Posted on July 4th, 2016 by Clyde Mooney
The acquisitive Pelathon Pub Group has swooped on a Lake Macquarie local as it eyes new candidates for its proven turn-around management. Pelathon (PPG) is a partnership between the ASX-listed BlackWall Property Funds and long-time operator Jaz Mooney. In April

KEYSTONE SINKS UNDER WEIGHT OF DEBT

Posted on June 29th, 2016 by Clyde Mooney
One of Sydney’s best-known hospitality operators has seen receivers called in to “pursue a sale process” after financial strain and lockout laws took too high a toll. The Keystone Group (TKSG) was formed in 2000 around well-run good-time food &

GAVRILLIS EXIT SEES KEMPSEY HOTEL FOR SALE

Posted on June 29th, 2016 by Clyde Mooney
After 30 years running the Hotel Kempsey, the Gavrilis family has listed the historic property ahead of plans to exit the pub business. The Gavrilis family took on the 1880s pub in 1987, and has been proudly keeping it “all

REILLY’S SYDNEY PARK “PUB” SECRET OUT

Posted on June 27th, 2016 by Clyde Mooney
After weeks of speculation, Ray Reilly has revealed his successful purchase of the Sydney Park Hotel, and says first and foremost it will “remain a pub”. Reilly is the owner-operator of inner-west mecca The Henson, in nearby Marrickville, and recently

FOODIE WEAPON FOR SYDNEY PUB KEEPING UP WITH TIMES

Posted on June 27th, 2016 by Clyde Mooney
Abbotts Hotel Waterloo has quietly unveiled a renovation and foodie drawcard owner Bill Smith has aimed at the “sweet spot” for pubs, in the moving target of patron expectations. The relentless march of the foodie to re-invented gastro pubs has

CLUB HOTEL JOINS BUNDABERG ASSET MARKET

Posted on June 24th, 2016 by Clyde Mooney
Hot on the heels of Lantern’s testing the waters in Bundaberg, popular local The Club Hotel has turned up to offer buyers choice and scale in the blossoming Queensland market. Club Hotel occupies a 1,091 m² site in Bundaberg, boasting

LAZARUS SNAPS UP ANOTHER LANTERN PUB

Posted on June 22nd, 2016 by Clyde Mooney
Lantern’s divestment and turnaround marches on, with Sydney-based hotelier Andrew Lazarus snapping up the Beaumont Exchange for a tidy sum. Located in one of the best regions of NSW’s second-largest city, Newcastle, the Exchange is a diverse business with significant

SALE COULD SEE NEW LIFE FOR IMPERIAL HOTEL

Posted on June 20th, 2016 by Clyde Mooney
One of Tamworth’s favourite watering holes has hit the market, with the vendor hedging bets on the future of the local landmark. Tamworth has a population around 48,000, and is located mid-way between Sydney and Brisbane. It is home to