Property

CHARTER HALL INVEST IN ALH’S PARAP

Posted on September 25th, 2020 by Clyde Mooney
Charter Hall’s Long WALE has secured the deeds to ALH’s popular Parap Tavern in Darwin, in a $19.7 million deal and continued show of confidence in the sector. Established in 1937, the Tavern is a community favourite, known for its

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

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

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

DE ANGELIS BACK IN LIVERPOOL FOR $43m

Posted on August 19th, 2020 by Clyde Mooney
The De Angelis family has picked up the Macquarie Hotel in the heart of the Liverpool CBD for $43 million, representing a return to beginnings and the end of an era for Monarch and its powerful backers. De Angelis Hotels

APPLEJACK BACK AND IN THE FORRESTERS

Posted on August 19th, 2020 by Clyde Mooney
Surry Hills stalwart the Forresters Hotel has been purchased by Ben Carroll and Hamish Watts’ specialty group Applejack, marking their first pub venture in four years. Carroll and Watts worked together in the late 2000s within National Leisure & Gaming

EXPANDING PUB GROUP’S GOOD INTENT

Posted on August 12th, 2020 by Clyde Mooney
Grafton’s generous Good Intent Hotel and adjacent retail shopping complex have been sold to a growing pub syndicate for a reported record price for the region. Hotelier Reg Hinch and builder Reg Want built the Good Intent in their home