Singo and Dixon’s Australian Pub Fund is one step closer to exit with the listing of Marrickville’s Vic on the Park in a freehold-starved Sydney market. Occupying a 1,247sqm block on a prominent corner opposite Enmore Park, the former The Vic Enmore was purchased by Australian Pub Fund (APF) and operational arm Riversdale in 2012 […]
A syndicate of six investors including Paul Hogan has signed on to buy New Farm’s big Queens Arms Hotel for a reported $21 million. The syndicate is QAP Holdings, headed by Sydney publican Peter Ashelford and businessman Nick Politis – auto industry titan and chairman of the Sydney Roosters. QAP was registered in May, believed
The drought has broken in Victoria, as the sleepy town of Woomelang celebrates the quiet yet triumphant return of its only pub. In 2014, Graham and Lisa Shore embarked from Brisbane on a long-awaited caravan expedition around Australia scheduled for around three months that stretched into twelve. Eager to see the wide brown land, the
Rolly de With has listed his Premier Hotel, boasting plenty of upside and potential in the surging Central Coast market. The Premier was purchased by de With’s Castle Hotels in 2011, in a partnership between the AHA regional representative and another investor. It has been operated under management, with the award-winning Newcastle publican focusing on
Woolworths’ and Charter Hall’s full year profit results offer perspective on the big-picture health of the hospitality and liquor markets. Australian supermarket giant Woolworths, 75 per cent owner of the country’s largest pub group, ALH, continues its bold recovery plans under maverick CEO Brad Banducci. The ASX-listed company (WOW) is battling to combat the diminishing
FULL YEAR RESULTS: INSIGHT ON HOSPITALITY PROPERTY AND PRODUCT Read More »
2017 saw the Australasian Gaming Expo (AGE) return to its origins – back in Darling Harbour, at the brand new Sydney ICC (International Convention Centre). PubTIC spoke exclusively with heads of the big gaming companies about their pub products and innovations for the coming year. We also chatted with the effervescent Ross Ferrar – CEO
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After four decades at the helm, the 82-year-old owner of Darlinghurst’s Brighton Hotel is calling it a day and has listed the landmark pub for $8 million. Located on the prominent corner of Oxford and Riley Streets, just two blocks from Taylor Square, the Brighton – aka the Brighton Up Bar – has been owned
As the Western Australian government continues its push for greater focus on tourism and service industries, the big-trading Byford Tavern in Perth has come to market. Located on a generous 4,313sqm block on the South Western Highway in Perth’s growing south-eastern corridor, the large-format operation incorporates a large bistro and alfresco area, sports bar, drive-through
Queensland’s controversial ID scanner system has seen global headlines, for the wrong reason, after honorary Aussie Prince Frederik of Denmark was denied entry to a Brisbane bar. Last Friday, just before midnight, the 49-year-old Prince and his entourage fronted Brisbane’s trendy Jade Buddha Bar at Eagle St Pier, only to be turned away for not
DENMARK’S PRINCE FREDERIK DENIED ENTRY FOR NOT HAVING ID Read More »
Brewing giant Heineken has been given the nod to secure nearly 1,900 British pubs from Punch Taverns. More than two years in the making, the monster deal will see more than 3,200 pubs in the Punch portfolio split between Heineken and Patron Capital, in a total deal worth around AU$650 million. The Dutch brewer, which
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