INVESTORS EYE EXIT FROM BIG APPLE ISLE PUB PORTFOLIO
Amid top of market activity in the mainland capitals, a portfolio of high-performing pubs in Tasmania has come to market as EBC Hotel & Leisure Fund looks to divest and mature investments. EBC is an unlisted pub vehicle formed in
HOTEL ORANGE SLUGGED OVER OLD NEWS
The troubled Hotel Orange found itself inexplicably back in the firing line this month over the sins of the previous operator, seeming to reflect a return to the struck-down days of Strikes on bricks and mortar. The pub was operated
CUB RELEASE FIRST NO-ALCOHOL BEER
Carlton & United Breweries is releasing the first non-alcoholic beer in its 180-year history. Addressing a long-term shift in Australia’s drinking habits, CUB has announced the immediate release of Carlton Zero. Low and mid-strength beers now represent 20 per cent of
LAUNDY ‘TOPS’ BOOMING MARSDEN PARK CONSTRUCTION
The mayor of Blacktown joined Arthur Laundy and distinguished guests to mark a construction milestone for the Marsden Park pub-brewery and a step forward for pub-government collaboration. Earlier this year Laundy Hotels celebrated the official start of construction at the
GOLDFIELDS REDESDALE FREEHOLD TO MARKET
The freehold of the picturesque Redesdale Hotel in country Victoria has come to market, boasting historic links to the gold rush era, a stable tenant, and stables and dairy out the back. Redesdale is a quiet town of around 240
TOUGH TIMES CLOSE TWO QUEENSLAND PUBS
Queensland regional pubs are doing it tough amid rising costs for transport and utilities, with two stories of planned revival resulting in recent closure. Wendy and Bruce McFarlane own and operate the Royal Hotel at Rubyvale in Queensland’s gem fields,
GALLAGHER GOES NORTH FOR MOONEY’S MEADOWBROOK
Patrick Gallagher has joined the ranks of the banana-benders, buying Jaz Mooney’s thumping Meadowbrook Hotel in the Queensland golden mile. The Hotel is a large-format pub built in the late 90s on a 5,934sqm site in Meadowbrook, in Logan City,
MEMORABLE MONTH FOR MOMENTO
The Colosimo’s Momento Hotels has been celebrating a big month, writing big cheques and making the news, just a month after agreeing to sell flagship, the Australian Hotel & Brewery. In July Momento announced a deal to sell its pride
MARY’S COMMERCIAL HOTEL DALBY RAZED
The iconic Commercial Hotel in the heart of Dalby has been destroyed by fire, after emergency services were called early Wednesday morning to a blaze engulfing the building. The tile-fronted two-storey brick Commercial Hotel was built in 1909, replacing the
SMART SOLUTIONS SHOW NO-COST SHOE-SHINING VENDING MACHINE
Polishoe is an innovative kiosk-style product offering customers a free three-step shoe polish in just under two minutes, as they watch instructions and a few ads. The stand-alone machine features a place to put the shoe being polished, beneath a