REBOUND REFLECTED IN REDCAPE Q1
ASX-listed Redcape has put forth a very positive result for the first quarter of FY21, citing quick adaptation to the changing landscape and stamping an upcoming distribution for security-holders. Redcape Hotel Group (ASX:RDC) announced its FY20 financial results on 19
AVC’S HAWTHORN GOES DARK AS MELBOURNE FADES
The “realities” of Melbourne’s pandemic plight sees another of the city’s pub institutions fade away, as AVC hands back student favourite the Hawthorn Hotel. Built 1868, the Hotel freehold has been owned by Swinburne University since 2015 and is located
GAGE ROADS AND 4PINES BREW UP SYDNEY PUBS
Gage Roads and 4Pines are the latest in the growing trend of craft brewers growing beyond their brewery sheds into venues, the incoming bringing two new innovations for Sydney. Western Australian beer legends Gage Roads open their new space tomorrow
AVC OFF TO AN OLD START IN ROBE
Australian Venue Co. has announced its first post-COVID acquisition, signing on for the long-term lease of the historic Robe Hotel on the South Australian coast. The heart of the town of Robe, the Hotel will be AVC’s newest oldest pub,
LEWIS GROUP GOES LONG IN MON KOMO
Lewis Land Group has announced completion of its acquisition of Redcliffe’s Mon Komo Hotel, representing the first Queensland pub transaction finalised amidst the COVID-19 pandemic. Mon Komo is a multi-faceted hospitality venue in what is considered the most desirable position
ALE SLUMPS ON NEWS BACKING NO RENT INCREASES
In a significant development for the increasing discussion around rent for tenants in the aftermath of COVID-19, the ASX-listed ALE Property Group announced it has taken a backward step in its quest for rental increases at many of its ALH-occupied
RISING NEWCOMER CATCHES MARVAN’S EVENING STAR
The ready to shine Evening Star Hotel in Surry Hills has been sold for $12 million by Marvan Hotels to up-and-coming hotelier Barham Hamarashid, who is looking to capitalise on the precinct’s resurgence. Marcus Levy’s Marvan Hotels listed the pub
SPOTTED COW FINDS HOME IN HALLMARK
The historic Spotted Cow in Toowoomba has been sold for the first time in more than two decades to Brisbane-based Hallmark Group. Set on a commanding corner of main street Toowoomba, the two-storey Cow was built in 1892. Today it
DORE OPENS RECLAIMED ENMORE HOTEL
Following a punctuated revival renovation, Ged Dore has lifted the lid on the re-monikered Enmore Hotel in Sydney’s vibrant inner west. The former Sly Fox fell foul of liquor authorities early 2020. A pandemic-tainted sales process followed, before news was
FINANCIAL RELIEF FOR VICTORIAN PUBS
The Andrews Government in Victoria has this week announced two rounds of additional business support funding, including special provisions for hotels and pubs throughout the State. On Sunday a $3 billion package was announced and on Monday another $290 million
