REDCAPE TEMPTS COOTES OUT OF THE GLADDY
ASX-listed Redcape Hotel Group has acquired the freehold going concern of the Gladstone Hotel Dulwich Hill in one of the largest transactions of 2020. Redcape (ASX:RDC) advises it has exchanged contracts to acquire the Gladstone Hotel, which it says will
SA HUNKERS DOWN TO QUASH OUTBREAK
Jumping to put the lid on an outbreak of coronavirus in Adelaide, on Wednesday the South Australian Government initiated a second and hopefully short-term lockdown of the State. Premier Steven Marshall described the proposed six-day measure as a “circuit breaker”
MERIVALE SERVES UP SUPER SCHOONERS
Some of the greatest minds in Australian drinking have combined to solve the problem of having to carry too many schooners at once, with the Super Schooner. Merivale has partnered with Lion, along with marketing company Ogilvy, to produce
NSW BUDGET TO SHOUT EVERYONE FOOD AND FUN
The NSW budget announced yesterday has flagged $100 in hospitality vouchers for every adult in the State in a $500 million bid to help re-start the sector. The budget has earmarked four $25 'Out & About vouchers', to be spent
ALE RECORDS VALUE GROWTH AND TIGHTER YIELDS
Following completion of independent valuation and a rent-determination process, ASX-listed ALE Property Group has recorded a $51.6 million gain in the value of its 86-venue portfolio and further support to its case for rental increases. As of 31 October the
JEWEL OF SOUTH MELBOURNE TO FETCH PRETTY PENNY
The storied Emerald Hotel in South Melbourne has come to market for the first time in 48 years. Nestled on a 667sqm corner site, just a few kilometres south of the Melbourne CBD, with the 12 tram running right past
STARS ALIGN IN DUBBO SALE
A Star of the state’s central west has come to market with generational owners joining with thriving leaseholders to offer the freehold going concern to market. The large format Western Star Hotel is considered an institution in the burgeoning Evocity
MORE COURAGE FOR AUSSIE CRAFT SPIRITS
Australian craft spirits are set to find well-deserved greater prominence in the local market thanks to a Nip of Courage expansion into trade wholesale. Australian craft spirits specialist Nip of Courage (NoC) has been the national distributor for a wide
MAJOR LIQUOR REG CHANGES TO ‘GET THE LIGHTS ON’
Sweeping changes to NSW’s ‘nightmare’ liquor laws are expected to pass through Parliament this week, heralding the “lights back on” in Sydney. The Liquor Amendment (24-hour Economy) Bill will deliver over 600 amendments to State laws and is expected to
SYNDICATE SNAPS UP CRESCENT HEAD TAVERN
Popular local the Crescent Head Tavern has been sold to a consortium of eager local mates, as the Gunns of The Tav look to family matters to the south. The Crescent Head Tavern (CHT) is a large-format pub on Main
