James Wirth and crew are making a defiant return to Sydney’s inner west, securing a tired Duke in Enmore with plans for a major repositioning. The Duke is a classic local, recently offering a contracted pub-style menu and selection of mainstream and craft beers, largely servicing the patronage of the Enmore Theatre next door. It […]
Laundy Hotels has secured the freehold going concern of The Oaks The Oaks, promising to bring some “TLC” to the neglected local pub. The former Tathra Hotel has resided on a generous 1-Ha block in the suburb of The Oaks, around 12 kilometres west of Camden, in a growth corridor of south-west Sydney proximate to
Redcape is three steps closer to its mooted IPO with the big-ticket acquisition of Joel Fisher and Andrew Denmeade’s trio of pubs south of Sydney. Denfish Hotels is a long-term partnership of Denmeade and Fisher that has bought, built and sold pub assets over the past decade. The pair notably built the impressive Central Hotel
Ben Tufrey is free to pursue retirement, having sold his long-held Grand View Hotel in the Mountains to a Chinese investor. Tufrey has owned and operated the Grand View for 16 years, virtually “going through the motions” in the past few years, looking toward retirement and time away from the every day. “It’s been great,
PubTIC wishes to clarify a recently published article PHOENIX RISING: PATERSON TAKES HARBOUR VIEW It has now become known to us that Phoenix Hotel Group has not purchased the Harbour View Hotel yet. We would like to extend apologies to owners Mr & Mrs Brian Perry for any misunderstanding. Further news as it becomes available.
Solotel has announced it has divested its leasehold interest in the beachside Clovelly Hotel. The group took on a lease in 2016 with Sam Arnaout’s Iris Capital, which had owned and operated and renovated it extensively over the past decade, before Iris sold the freehold for $34 million on a tight five per cent return.
Adrian Guest and family have divested the iconic Robertson Inn in the picturesque Southern Highlands, as he shifts focus and looks to his other pub. Robertson is a township around two hours’ drive south-west of Sydney, inland from Shellharbour, counting just over 1,300 permanent residents. The two-storey Inn was established in 1887 on the pass
Pelathon has flipped another big-trading Queensland pub, demonstrating its buy and sell strategy as the tide begins to shift in the coastal resources town. Jaz Mooney’s Pelathon Pub Fund acquired the somewhat tired Queens Hotel late 2017, and in keeping with the group’s model of investing in under-cooked operations unleashed some capex, including new gaming
Hotel Property Investments has divested its freehold interest in the Coles-tenanted Wickham Hotel in Fortitude Valley on a sharp yield not seen in the state for a decade. The ASX-listed HPI holds in excess of 40 venues in Queensland and South Australia, majority tenanted by Cole’s liquor and hospitality arm. HPI engaged JLL Hotels’ Tom
Hunt Hospitality is executing a strategic sell-down to capitalise on the high level of interest in the Hunter Region, kicking off with sale of the award-winning Rutherford Hotel to the growing O’Hara-Malloy collection. The pub is a large-format broad business on 2,553sqm in Rutherford, around 40 minutes’ north-west of the Newcastle CBD. It boasts a
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