One of Brisbane’s historic and best-loved pubs is in new hands, with Nick and Meagan Gregorski set to reopen the renovated Port Office pub tomorrow. Fourth generation publican Nick Gregorski recently revived The Alliance Hotel in Spring Hill, winning praise and business for the gastro-pub reinvention. It was this performance that led CBRE Hotels’ Paul […]
PRIZED NEW OPERATOR FOR HISTORIC PORT OFFICE HOTEL Read More »
Preceding its final sale campaign announcement, Lantern has revealed divestment of the last asset in its portfolio, Sydenham’s General Gordon Hotel, for a super-premium $18.1 million. The General has bypassed a public sale process and been bought by an unnamed Sydney publican, in conjunction with property operation White & Partners. The listed Lantern Hotel Group’s
The Junction Club pub has been sold by one Victorian racing club to another, heralding wins for hospitality in the north Melbourne precinct. The Victorian Harness Racing Club, headquartered in Melton, has divested the Junction and its 80 EGMs to the Moonee Valley Racing Club, operator of the Cox Plate, with its “significant plans” for
Sydney hotelier Brendan Lawless is following the money, purchasing Tweed Heads beauty the Ivory Tavern – with options. Lawless Hotels is expanding on its NSW north coast operations with the Ivory, having bought Mullumbimby’s Middle Pub in 2013 from Redcape, just 50 kilometres south. Idyllically positioned beside and over the magnificent Tweed River, which reaches
Prominent publican Paddy Coughlan has secured another inner west pub, lauding southern King St and the Murphy family’s Botany View Hotel. The Murphys have owned and operated the Botany View (BVH) for the past 26 years, and the modest pub has been seen as a rare entry-level opportunity for reinvention in the gentrified era of
Two brothers and three mates have taken the plunge with their first pub, beating hungry Sydney operators to buy the Thomas family’s long-held Shenanigans at The Imperial. Mike Thomas has been a staple of the NSW hotel industry for over three decades, and operated the popular Maitland pub for over twenty years. He purchased it
LOCALS’ SHENANIGANS AS THOMAS FAMILY EXITS PUB GAME Read More »
The sale of a top-50 gaming pub has kick-started what is expected to be another big year in Australian pub real estate. The freehold of the Lidcombe Hotel was purchased by Marcus Levy’s Marvan Hotels eight years ago from Hedley Leisure & Gaming. A few years later, Marvan went on to buy the leasehold too,
BIG LIDCOMBE HOTEL SALE SETS TONE FOR ANOTHER BIG YEAR Read More »
Australian Pub Fund, owner of the Riversdale pubs, has divested three key assets for $48 million in the dying days of 2016 – all to top operators keen to further build on the successes. Australian Pub Fund (APF) is the $300 million vehicle owned by high-flying businessmen Geoff Dixon, John Singleton and Mark Carnegie. The
YEAR ENDS WITH A BANG AS THREE RIVERSDALE PUBS EXCHANGED Read More »
Another big Sydney pub with oodles of potential has changed hands, with John Lewis adding to his western suburbs stable with the Lalor Park Hotel. The large suburban pub occupies 3,048 m² on busy Sackville Street, minutes from Blacktown CBD and adjacent to the ‘North-East Precinct’, which has been rezoned for medium- and high-density residential.
Following intense negotiations, Chris Feros has sold his monolithic Lone Pine Hotel to Bondi Asset Management for $26 million. Feros listed the landmark Rooty Hill Hotel in July, relaying that the time was now right to pass the reins on the large-format pub to focus on the Group’s greenfield endeavours, such as the upcoming Kirrawee
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