Property

BRAS & KNICKERS OUTBACK ICON DALY WATERS SOLD

Posted on July 26th, 2017 by Clyde Mooney
Icon of the outback the Daly Waters Hotel, has been sold for an undisclosed amount that included the untold number of women’s bras and undies adorning the walls. The Daly Waters pub – as profiled in PubTIC magazine – is

THESPIANS SCORE CARLTON’S TRENDY ASTOR HOTEL, AKA PERCY’S

Posted on July 19th, 2017 by Clyde Mooney
A couple boasting background in the performance arts, education and several Victorian pubs have quietly secured trendy Carlton local the Astor Hotel. Ilona Phyland and Darran Smith have been operating the Astor, the business reflecting Smith’s influence as a professional

LAKEVIEW HOTEL LOOKS GOOD TO SYDNEY PUBLICAN

Posted on July 14th, 2017 by Clyde Mooney
Sydney hotelier Garry Macdougall has expanded on his capital operations, grabbing a coastal change with acquisition of the Lakeview Hotel in Merimbula. Boasting a waterfront site and unique opportunity as the only hotel in town, the Lakeview sits on 4,646m²

CHINESE DEVELOPER BUYS PARRAS’ PEACHTREE

Posted on July 3rd, 2017 by Clyde Mooney
ASX-listed Chinese developer BHL has entered the Australian pub scene with the purchase of Colin Parras’ Peachtree Hotel Penrith. Boyuan Holdings Limited (ASX: BHL) is a Chinese property development company with growing interests in both residential and commercial development in

MOELIS AT LAST LANDS FLYING REDCAPE HOTEL PORTFOLIO

Posted on June 30th, 2017 by Clyde Mooney
A vehicle controlled by investment bank Moelis Australia has finally cemented purchase of the high-flying Redcape Hotel portfolio for $677 million. Ending around two years’ speculation as to the hotel group’s fate, including rumours of suitors such as a partnership

REDCAPE OFFLOAD LIVINGSTONE HOTEL TO OSCARS

Posted on June 28th, 2017 by Clyde Mooney
As Redcape’s destiny continues to be the subject of speculation, the Group has quietly sold one of its inner western Sydney pubs to the Gravanis brothers’ diverse and acquisitive Oscars Hotels. Located on the corner of New Canterbury and Livingstone

THIELE OPENS DOOR TO NEW PUB CO

Posted on June 26th, 2017 by Clyde Mooney
The team behind the Open Door Pub Co are back, with ambitious plans and the freehold acquisition of Hardiman’s Hotel in Kensington. Open Door Pub Co (ODPC) was the product of Michael Thiele and Craig Ellison, formed in 2004, furthering

HUGE GALLAGHER IRIS HUNTERS HILL TIGER PUB SALE BUY SWAP

Posted on June 23rd, 2017 by Clyde Mooney
Iris and Gallagher Hotels have furthered their history, speaking exclusively of selling each other the Hunters Hill Hotel and Tiger Bar in the biggest pub transaction in years, sources say tops $64 million. Sam Arnaout’s Iris Capital has been behind

REILLY BUYS THE GOODTIME WEST VILLAGE WHITE COCKATOO

Posted on June 19th, 2017 by Clyde Mooney
Aligning with the arrival of a new Paech, the Goodtime Hospitality boys have divested their West Village Hotel – aka the White Cockatoo – to inner-west publican prophet Ray Reilly. Forming in mid-2014, Locky Paech and James Bodel’s hotel business