King of the south Chris Feros has formed a new partnership with the Harveys to take the booming Engadine Tavern and adjoining retail sites from rich lister Tony Denny and partners. The large-format Tavern is in Engadine town centre, surrounded by leading retailers such as Woolworths, Coles, ALDI, and Dan Murphy’s. It was purchased by […]
Glenn Piper has added another icon to the collection, sailing into the Commodore Hotel of McMahon’s point for around $29 million, following an invitation-only sale process. John Azar’s Good Beer Company acquired the Hotel mid-2019 for around $18 million from Graham Campion, who had bought it from the fading Lantern Hotels in 2016 for around
Prior high-flyer Riversdale group has completed its exit from the pub game, selling its last asset, the Lambton Park Hotel in suburban Newcastle. Australian Pub Fund, backed by business moguls John Singleton, Mark Carnegie and Geoff Dixon bought the LPH mid-2018 for around $6 million through its op-co Riversdale. The remaining entity, M.H Carnegie &
Duxton Pubs Group has announced another round of expansion, picking up two more prized venues on its road to the top. The South Australia-based group has added to the growing portfolio the Swanport Hotel in Murray Bridge, as well as the historic The Australasian in Goolwa, which recently underwent a major transformation and for which
Narrabri’s Namoi Hotel has an ambitious new owner with big plans and local appreciation. The pub was built 1914 as the Hotel Lloyd, holding a big 2,893sqm lot on main drag Maitland Street. Narrabri is a town of nearly 13k residents founded in 1860, roughly central to both Sydney, 521 kilometres south-east, and Brisbane, 575
Public Hospitality Group (PHG) has confirmed it has acquired The Maybe Group, adding one of the Top-50 bars in the world to its rapidly growing collection. Sydney-based PHG is led by Sydney businessman Jon Adgemis, who is executive chairman. They began what would be a rapid expansion in 2021 with purchase of The Strand from
The Comiskey Group has ended its long tenure at its greenfield Beachmere Hotel, handing over to new owners, a new investor-backed vehicle – Venu Hospitality Group. Comiskey Group is a successful family-owned hospitality company known for having built and operated iconic entertainment venues including Eatons Hill Hotel and Sandstone Point Hotel. The family constructed the
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Former finance CEO Byram Johnston has furthered the sophisticated investment hitting the sector, doubling his new portfolio with purchase of the historic O’Connell Hotel of O’Connell. Mid-2022 Byram and Deborah Johnston purchased their first pub, the Tarana Hotel, establishing Johnston Bros Hospitality Group (JBHG). Buoyed by its success, seeing turnover up more than 40 per
The reshuffle at ALH continues, with purchase of the only pub in coastal Rainbow Beach – the Rainbow Beach Hotel. Rainbow Beach is a growing coastal community around 100 kilometres north of Noosa, and known as the southern gateway to the world heritage-listed Fraser Island, just a 10-minute barge away. It also acts as a
Country celebutante Ned Kelly has exited the Weston local Criterion Hotel, handing the reins to coastal publican Adam Drabarek. Rodney ‘Ned’ Kelly bought the re-stapled Hotel with first-timer partner Corey Dunn in late 2020 from Peter Calligeros. Negotiating several crazy COVID years and several more acquisitions, welcoming to the gang Scone’s Belmore, the Tattersalls in
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