Property

GREEN CONSORTIUM SNAPS UP BIG-TICKET THOMAS BLAMEY

Posted on March 4th, 2022 by Clyde Mooney
The large-format Thomas Blamey Tavern in the Riverina has been sold to a consortium led by publican Lee Green. Occupying a 6,110sqm site in Wagga Wagga, one of the state’s premium regional precincts, and only a couple of blocks from

ELEPHANT BRIDGE CROSSES INTO NEW MANN HANDS

Posted on February 18th, 2022 by Clyde Mooney
One of Victoria’s oldest inns, the stately Elephant Bridge Hotel, has sold to a prominent farming family, who bring plans to reinvigorate the recently restored pub into the community. This historic two-storey bluestone establishment is described as “one of regional

REGIONAL CENTRES ON FIRE AS HOT MARKET EYES THE BUSH

Posted on February 11th, 2022 by Clyde Mooney
Investors and hoteliers are pushing top-dollar prices for strong assets in regional hot-spots, as hungry capital eyes the booming Australian hotel market. The freehold has been sold of the Grand Hotel in Armidale – a major locality in the New

UNIVERSAL CATCHES BAT & BALL

Posted on February 2nd, 2022 by Clyde Mooney
Universal Hotels has won its first bout for 2022, taking home the Bat and Ball Hotel of Surry Hills. Originally known as the Duke of Cleveland, the pub was built in 1929 on the corner of busy Cleveland and South

AVC LANDS ANGLERS IN ANOTHER EG DEAL

Posted on January 24th, 2022 by Clyde Mooney
Australian Venue Co. has continued its investment in Victorian pubs, taking the freehold going concern of the Anglers Tavern with another investment partner, EG Private Wealth. Maribyrnong’s Anglers Tavern is the largest food and beverage venue north of the Melbourne

ALH AND ENDEAVOUR BACK IN BUY MODE

Posted on January 21st, 2022 by Clyde Mooney
Australia’s largest publican has completed its first Queensland transaction since its ASX listing with Endeavour, making a Commercial decision in another strategic region. Purchase of the Commercial Hotel Charters Towers is the first settled Sunshine State acquisition for Endeavour Group

SHORT GOES LONG IN WINDSOR

Posted on January 19th, 2022 by Clyde Mooney
Fraser Short has burst into Windsor, picking up two pubs in quick succession with new partners. The first to arise was Windsor’s well-known Fitzroy Hotel, operated by 'Lion-heart Luke' Ainscough, which has sold to the newly-formed syndicate of Fraser Short

MOELIS CAPS 21 WITH A BANG IN BYRON’S HOTEL BRUNSWICK

Posted on December 17th, 2021 by Clyde Mooney
Moelis Australia Hotel Management has book-ended the big buys of Byron, paying $68 million for Delvene Cornell and David Gyngell’s Hotel Brunswick of Brunswick Heads. The Hotel Brunswick is an icon of northern NSW, 20 minutes north of Byron Bay,

AVC AND HPI’S BIG EOY SHAKE-UP

Posted on December 17th, 2021 by Clyde Mooney
Australian Venue Co and listed partner HPI have announced an end of year portfolio shake-up, cashing in at Acadia Ridge and snapping up the entire ‘Booze Bros’ Saturno portfolio. Hotel Property Investments (ASX:HPI) has agreed to pay $66.1 million in