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
DAWES OPEN NEW ERA IN COMMERCIAL TOP PUB
The “Top Pub” Commercial Hotel of Kyogle has changed hands for the first time in nearly two decades, welcoming first time hoteliers the Dawes family into the game. Port Macquarie-based owners Deb and Scott Facey have held the Commercial of
HARLOW ROOFTOP HERALDS NEW OUTDOOR NORMAL
AVC has unleashed the first of its new rooftop solutions, following a $1.3 million build atop Richmond’s Harlow Hotel. In early September Premier Andrews’ announced a roadmap for hospitality economic recovery citing a significant move to outdoor and rooftop activations.
WARATAH PUB FUND SNAPS UP ROYAL ROMA
The refreshed Waratah Hotel group has taken the deeds to the Royal on Ninety-Nine in Queensland cattle country Roma. The Royal Hotel at Roma was to be found on the corner of McDowell and Hawthorne streets in the heart of
MIGHTY CRAFT OPENS THE MIGHTY PUB
New all-day gastropub The Mighty has burst open in Moonee Ponds, providing an indomitable domain for crafty beverages and pub grub. “The Mighty is all about creating a community and hub for our craft brands,” says Mark Haysman, CEO of
