WINDFALL FOR ENGADINE TAVERN SALE
Another big year predicted in pub real estate kicked off with news of White & Partners divesting suburban stalwart the Engadine Tavern to a local for $31 million, realising nearly 40 per cent in capital gains. A trust controlled by
OLD FITZ TO SEE NEW BEGINNINGS
Ending speculation on its future, the deal has been finalised on sale of The Old Fitz in Woolloomooloo to developers W Property. Standing proudly on a corner of Dowling Street in Sydney’s waterside precinct, the Old Fitzroy Hotel boasts a
SYDNEY INVESTOR TAKES TUMUT’S ROYAL
The Royal Hotel Tumut has been sold to an unnamed Sydney-based hotel investor as the region continues to benefit from massive infrastructure investment. The Royal is a classic two-storey brick structure on a 3,250 sqm lot, with a full-length balcony
AHG EXPO CANCELLED AGAIN
Following extensive consultation with stakeholders, the board of the AHG Expo for 2021 have determined to postpone this year’s event. The 2021 MAX AHG Expo was due to take place in Brisbane in March. The 2020 instalment was one of
O’DONOGHUES EMU PLAINS JOINS REDCAPE FOR $31m
Amid the respite of a strong end to a stormy year, ASX-listed Redcape has exchanged contracts to acquire O’Donoghues Hotel in Emu Plains for $30.5 million. The western Sydney pub is a large-format local, offering a classic mix of food
WRIGHT-YOUNG FINALLY RELINQUISHES THE CAMMY
Ending nearly four decades at the helm and a year-long settlement comes announcement industry legend Adella Wright-Young has sold the Camelia Grove Hotel of Alexandria to Sydney publican-developers. Wright-Young purchased the Camelia from Tooth and Co in 1983. Signalling the
FRESH LOOK FOR HARBORD’S BEACH HOTEL
The iconic Harbord Hotel, overlooking Freshwater beach, has re-opened following an extensive and sympathetic makeover under its new owners. Formerly the Harbord Beach Hotel, the pub has stood proudly as a community landmark for nearly a century – close to
HOTEL CLOSED AMID CHARGES OVER DEAD DUI TEEN
Temora Hotel in the NSW Riverina has been ordered to close for two weeks and individuals are facing charges, following the death of an intoxicated teenager who had been drinking at the pub. Around 6am on Saturday, 21 March this
THORPE SHAKE-UP HERALDS ODD CULTURE
The burgeoning Thorpe Hospitality has orchestrated a serious shake-up, divesting flagship The Taphouse while taking on two new venues, and rebranding to become Odd Culture group. James Thorpe’s outfit first entered the Sydney pub scene with acquisition of Darlinghurst sweetheart
CATS SELL BROOK HOTEL TO MELBOURNE RACING
By Grant Jones The Geelong Football Club has divested the Brook Hotel in south-west Melbourne to the Melbourne Racing Club in a play to ditch gaming. The venue at 215-221 Sneezes Rd in Point Cook was first put on the
