Property

BRIGHTON IN NEW HANDS AGAIN

Posted on June 3rd, 2020 by Clyde Mooney
The Brighton Hotel in Mandurah has kick-started real estate transactions again in Western Australia, selling to a local syndicate and operators as the State’s pubs reopen this week. Mandurah is WA’s largest regional city, found around 70 kilometres south of

REILLY PUTS HENSON OUT TO DORE

Posted on May 29th, 2020 by Clyde Mooney
Inner west legend Ray Reilly has done a deal to divest his ‘ray of sunshine’ The Henson, passing his beloved baton to long-time cohort Ged Dore as part of a new partnership. The pub, previously known as the Henson Park

MALONEY LISTS ST JAMES FREEHOLD

Posted on May 18th, 2020 by Clyde Mooney
Publican Kim Maloney OAM has listed two freehold assets in Sydney’s CBD, behind and above his St James Hotel, with sources suggesting market expectations circa $60 million. The long-time publican and son of industry legend Cyril Maloney bought the freehold

CONTI SOLD AGAIN TO ANOTHER DEVELOPER

Posted on May 15th, 2020 by Clyde Mooney
The heartbreaking saga of the restoration of Sorrento’s magnificent Continental Hotel has reached another milestone, with prominent Melbourne developer Trenerry Property Group ready to settle on the latest deal. Bought years ago by Melbourne hotelier Julian Gerner, the four-storey limestone

CROOKWELL HOTEL SOLD

Posted on April 17th, 2020 by Clyde Mooney
Amid an historically quiet time in the pub game, Deborah Lang and David Kelly have taken the plunge with acquisition of the Crookwell Hotel in the NSW southern tablelands. The Victorian two-storey pub was built 1884 on a 2,183sqm corner

BLACK RHINO TAKES CRAIG’S ROYAL HOTEL

Posted on March 13th, 2020 by Clyde Mooney
Ballarat’s biggest-ever sale has transacted, seeing the long-serving Finnings family pass the baton of Craig’s Royal Hotel to the growing Black Rhino Group. The heritage-listed pub was built 1853, as the Ballarat Hotel, celebrating the first licensed premise in town.

ALH SNAPS UP TWO NEW PUBS

Posted on March 11th, 2020 by Clyde Mooney
Australia’s biggest publican is back on the acquisition trail, picking up two more Queenslanders in a week. Australian Leisure & Hospitality (ALH) has been in flux for much of FY20 following the announcement of a plan by parent company Woolworths

O’DONNELLS DIVEST DUO

Posted on March 6th, 2020 by Clyde Mooney
The Canberra-based O’Donnell Group has sold two more of its collection, in Bungendore, outside of Canberra, and this week the Australian in Cooma, snapped up pre-auction. Late 2019 the O’Donnell family put to market Goulburn’s Empire Hotel, being part of

AUS VENUE CO TAKES PRIZED SAND HILL ROAD

Posted on March 4th, 2020 by Clyde Mooney
Australian Venue Company has furthered its strategic expansion with the nine-digit acquisition of eight venues held by Melbourne trailblazers Sand Hill Road. Amid speculation, The Australian published a story in January suggesting KKR (Kohlberg Kravis Roberts), majority stakeholder of Australian

NEW ERA FOR THE TERMINUS

Posted on March 4th, 2020 by Clyde Mooney
The Terminus Hotel lives on under new ownership, with a local investor taking the title to Marulan’s only watering hole. The Terminus is a classic corner pub in the heart of town, set on a 4,713sqm with ample parking. It