Real Estate

AVC OFF TO AN OLD START IN ROBE

Posted on September 21st, 2020 by Clyde Mooney
Australian Venue Co. has announced its first post-COVID acquisition, signing on for the long-term lease of the historic Robe Hotel on the South Australian coast. The heart of the town of Robe, the Hotel will be AVC’s newest oldest pub,

LEWIS GROUP GOES LONG IN MON KOMO

Posted on September 21st, 2020 by Clyde Mooney
Lewis Land Group has announced completion of its acquisition of Redcliffe’s Mon Komo Hotel, representing the first Queensland pub transaction finalised amidst the COVID-19 pandemic. Mon Komo is a multi-faceted hospitality venue in what is considered the most desirable position

ALE SLUMPS ON NEWS BACKING NO RENT INCREASES

Posted on September 21st, 2020 by Clyde Mooney
In a significant development for the increasing discussion around rent for tenants in the aftermath of COVID-19, the ASX-listed ALE Property Group announced it has taken a backward step in its quest for rental increases at many of its ALH-occupied

RISING NEWCOMER CATCHES MARVAN’S EVENING STAR

Posted on September 18th, 2020 by Clyde Mooney
The ready to shine Evening Star Hotel in Surry Hills has been sold for $12 million by Marvan Hotels to up-and-coming hotelier Barham Hamarashid, who is looking to capitalise on the precinct’s resurgence. Marcus Levy’s Marvan Hotels listed the pub

SPOTTED COW FINDS HOME IN HALLMARK

Posted on September 18th, 2020 by Clyde Mooney
The historic Spotted Cow in Toowoomba has been sold for the first time in more than two decades to Brisbane-based Hallmark Group. Set on a commanding corner of main street Toowoomba, the two-storey Cow was built in 1892. Today it

FLOWER HOTELS GROW INTO BEECHWOOD

Posted on September 14th, 2020 by Clyde Mooney
Prominent publican Alistair Flower and his partners have further added to their portfolio in the Hastings LGA with the purchase of the Beechwood Hotel. Richard and Kirsty Bloomfield moved to the area in 2013 and almost four years ago purchased

CLYBURN SET TO GO FROM CONDO

Posted on September 14th, 2020 by Clyde Mooney
The pride of Condobolin has hit the market, as its long-serving tenant turned owner-operator heads to pasture. Long-time AHA member Jimmy Clyburn has owned the Condobolin Hotel for 27 years. Prior to that he leased it for several years. Condobolin

DE ANGELIS SELLS OUT OF BLIGH PARK

Posted on September 9th, 2020 by Clyde Mooney
The De Angelis family has completed sale of its Bligh Park Tavern to another prominent hotel dynasty. Peter De Angelis’ family have owned the hotel for nearly two decades, amid a growing pub portfolio throughout greater Sydney, counting Burwood’s Bath

MATHIESON PREDICTS LONG RECOVERY AS ALH STRUGGLES

Posted on September 7th, 2020 by Clyde Mooney
Pub chieftain Bruce Mathieson predicts a long and bumpy recovery from COVID-19, as Australia’s biggest publican is further hammered by restrictions and shutdowns. In a recent interview with The Australian, Mathieson spoke of grave fears for the economic damage being

HARVEST REAP BENEFITS IN COURTHOUSE

Posted on September 4th, 2020 by Clyde Mooney
Harvest Hotels has today reopened one of Tamworth’s oldest and most beloved pubs, the Courthouse Hotel, following an extensive renovation and reinvention. Built circa 1876, the pub was closed in June last year to undergo a full-scale transformation, encompassing everything