MEERS PUTS $45m ON THE RITZ
The Nelson Meers Group has pounced on Hurstville’s iconic Ritz, paying $45 million to add the baker’s dozen to its strong gaming portfolio. The long-standing landmark Hurstville ‘Ritz’ Hotel has been twice owned by former Newtown Jets front rower, Steve
MERIVALE GONGED AT STAR-STUDDED 2017 BAR AWARDS
Last week saw Australian Bartender Magazine’s celebrated Bar Awards for 2017, with a strong showing from the pub community in the ever-shifting cauldron of cocktails and bar culture. 2017 marked the 17th Bar Awards, held at Pyrmont’s Doltone House with
CAPE BOULEVARD BREAKS INTO BRISBANE WITH COLES’ WATERLOO HOTEL
Cape Bouvard Investments has secured the big Coles-tenanted Waterloo Hotel and block in the downtown heart of Brisbane for $47 million. The historic Waterloo Hotel occupies 991sqm on the very prominent corner of Commercial Road and Ann St in Newstead,
TABCORP BACK $10m THE EVEREST TO TAKE ON THE CUP
Tabcorp has announced it is major sponsor to Racing NSW’s first ever running of The TAB Everest – touted as the “world’s richest turf race” with $10 million prize money. For many years Racing Victoria’s Spring Racing Carnival, culminating with
FEROS LISTS TERREY HILLS TAVERN
Chris Feros has put to market his booming Terrey Hills Tavern, as the king of the south continues his domination of The Shire. Set atop one of Sydney’s most idyllic underdeveloped regions, a few kilometres inland of the upper Northern
IRIS DIVESTS $34m CLOVELLY HOTEL
Sam Arnaout’s Iris Capital has divested its freehold interest of the Clovelly Hotel for close to $34 million, ending the group’s long history with the beachside pub. Occupying a prominent 1,708sqm overlooking Clovelly Beach, the pub is a landmark of
NIGHTLIFE MUSIC AWARDED IN AFR TOP50 INNOVATIVE COMPANIES
The Australian Financial Review this week released its venerated list of innovative companies, featuring those “at the cutting edge” of their sectors. For the first time, the list has included a music company, with Brisbane-based music provider Nightlife securing #26
TOP PUB BEACH HOTEL TOPS UP SALE PRICE RECORD
Byron Bay’s legendary Beach Hotel has broken its own sales record, fetching $70 million from sophisticated new investors. One of Australia’s richest families is backer to the Impact Investment Group, which has expanded slightly beyond its normal investment type with
AHA NATIONAL AWARDS GO OFF WITH A BANG
Australia’s hospitality elite gathered Monday night to celebrate the best of the best at the 2017 AHA National Awards for Excellence. The event took place for the second year at the magnificent RACV Royal Pines Resort, facilitating an outdoor aspect
GINTY LAYS DOWN GLASGOW ARMS
Steve Ginty has sold his Glasgow Arms Hotel in Sydney’s inner west, ushering in another up-and-coming veteran Adam Derwin. Ginty has been a career publican, beginning life in pubs as a barman at the Woolwich Pier Hotel. [caption id="attachment_11062" align="alignright"
