Arthur Laundy and new partners have teamed up to buy city-fringe local, the Woolpack Hotel, in Redfern. The Laundy family has joined with new operators, specifically Aaron Crinis, proprietor of acclaimed North Sydney restaurant Glorietta. The three-storey Federation Free Style Woolpack is a well-rounded business, with public bar and street seating, live music, gaming with […]
The formidable partnership of Endeavour Group and Charter Hall have teamed up to buy Chris Feros’ trophy Terrey Hills Tavern for close to $40 million. Last month Endeavour Group (ASX:EDG) completed its exit from the Woolworths empire, and major shareholder Bruce Mathieson flagged the unshackled entity would be aggressively pursuing new pub acquisitions. Representing its
ALH AND CHARTER HALL CHARGE INTO FEROS’ TERREY HILLS TAVERN Read More »
Australian Leisure & Hospitality (ALH) has charged into acquisition mode, taking the keys to the long-serving McDonald family’s Brisbane beachside landmark, the Manly Hotel. The two-storey brick pub on the corner of Cambridge Parade and Stratton Terrace, just a block from Manly Boat Harbour, first opened in 1955. Stewart and Dulcie McDonald took over the
Nightclub operator Famous Four P/L is the new owner of the Foresters Beer & Music Hall, in Collingwood’s latest pub deal. Following Julien Moussi’s Only Hospitality Group purchasing the Robert Burns Hotel in late June, Famous Four has snared the Foresters leasehold interest in Collingwood. The group already operates Melbourne CBD nightclubs Club F4 and
The stately Camden Hotel in Sydney’s burgeoning southwest has been sold by the McGrath family to Marlow Group GM Paul Camkin and freeholder Estelle Kremer for a reported $12 million. Located within the main commercial and retail precinct of Camden, the Hotel resides on a 1,352sqm site adjacent to the 180-space Larkin Place car park.
Dubbo’s Western Star is the latest from the MPK stable to be bought by newcomers IMG Hotels, following their major portfolio purchase earlier this year. In April news emerged of sale of the whole freehold going concern portfolio of Nick McKechnie and Nelson Kelly’s MPK Hotels’ NSW pubs to the newly-formed syndicate Investment Management Group
Michael Lucas and David Kennewell have secured their latest exit from the industry with sale of their Cooee Hotel in St Georges Basin for around $7.7 million. Brisbane-based Lucas and long-term partner Kennewell acquired the freehold of the pub, just two streets from St Georges Basin, in early 2019. But the tenant moved out and
Harvest Hotels has announced its successful acquisition of Wagga Wagga’s William Farrer Hotel. This is the latest regional hospitality venture for the group. It follows the revival of Tamworth’s oldest pub, The Courthouse, and purchase of Brady’s Railway Hotel Albury, both in late 2020, and purchase of the Milestone Hotel in Dubbo in May this
The ultra-waterfront Harrington Hotel has been sold by the Nixon family to the pub coast king, Stephen Hunt. Having purchased the pub in 1998, the Nixons have sold the Hotel in line with market guidance, sources say was $15 million, to the Stephen Hunt-led organisation. “This asset has been in the same family for over
Balmain’s famed London Hotel has been sold off-market by the Stevens family to Ray Reilly and Co for $8.5 million. The Stevens’ acquired the landmark pub on Balmain’s Darling Street in 1989 from the Coopers Brewing family. The family also owns the Spinning Wheel Hotel in Raymond Terrace and Commercial Hotel in Tumut. The pub
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