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
The Giannakis brothers are parting with their beloved The Graham after 15 years and an offer they couldn’t refuse. Tony and Peter Giannakis were fine-dining restauranteurs until they purchased the Graham Hotel back in 2001. The twins built strong foundations in foodservice into the business, in recent years eagerly following the gastro-pub path. The 1870-built
BROTHERS TEMPTED OUT OF THEIR BELOVED THE GRAHAM Read More »
The Stevens family have been tempted into the sale of their highly popular The Prince, with a local publican beating out the Sydney competition. Allan Stevens has been a staple of the pub industry for decades, accumulating a portfolio spread throughout New South Wales, including Balmain landmark the London Hotel. After 15 years’ owner-operation by
A “positive outcome for all” has been achieved with Cairns Council announcing the purchase of Pelathon’s Courthouse Hotel – just bought from Lantern Hotel Group. Lantern listed the Hotel for sale back in June, executing an Expressions of Interest campaign through CBRE Hotels. The ASX-listed Lantern announced contracts for its sale to Pelathon in late
Leo Tsekos has won the title to ALH’s Iron Horse Hotel with a cheeky last bid at the auction for the blue-chip investment property in the heart of Newcastle. A strong crowd gathered for Burgess Rawson’s final commercial auction of 2016 last week, with 30 properties going under the hammer. The highlight of the day
A product of The Information Collective
ACN. 603 201 109
ABN. 21 603 201 109
