ALH

ALH AND ENDEAVOUR BACK IN BUY MODE

Posted on January 21st, 2022 by Clyde Mooney
Australia’s largest publican has completed its first Queensland transaction since its ASX listing with Endeavour, making a Commercial decision in another strategic region. Purchase of the Commercial Hotel Charters Towers is the first settled Sunshine State acquisition for Endeavour Group

ALH ROLLING OUT AR ‘SANTAGRAMS’ AROUND THE COUNTRY

Posted on December 13th, 2021 by Clyde Mooney
ALH is rolling out ‘SantaGram’ to over 100 venues, in partnership with Grub Lab, with the aim of making this a Christmas to remember “after a year to forget”. Australian Leisure and Hospitality Group (ALH), is Australia’s largest pub company,

PUB SALES FOR ALH AND THE LOADED DOG

Posted on October 8th, 2021 by Clyde Mooney
Pub sales continue unabated across the east coast, and if freehold going concerns and operations aren’t transacting investors are finding the deeds on investment freeholds. Listed funds manager Charter Hall has secured ALH’s Imperial Hotel for $6.618 million, representing a

MATHIESON RESIGNS FROM ALH

Posted on October 6th, 2021 by Clyde Mooney
News has emerged Bruce Mathieson Jr has resigned as managing director of ALH, looking to pursue interests of his own. Father and son team, Bruce Mathieson Senior and Junior, created Australia’s largest portfolio of pubs, under the banner of Australian

MATHIESON BUYS MERRIMAC TAVERN THROUGH NEW PUB GROUP

Posted on September 24th, 2021 by Clyde Mooney
A new pub outfit headlined by Bruce Mathieson has secured the Merrimac Tavern, on the Gold Coast. The Queensland OLGR website reports approval for the licences to Merrimac Operations P/L, as trustee for the Merrimac Tavern Operations Unit Trust, which

MANLY HOTEL FUTURE UNCERTAIN AS McDONALDS EXIT

Posted on September 24th, 2021 by Clyde Mooney
After 51 years and too many beers to count, the McDonald family’s tenure at the celebrated Manly Hotel will come to an end at the end of the month. Stewart and Dulcie McDonald took on a lease at the pub

CHARTER HALL & HOSTPLUS’ $1.7BN DEAL FOR ALE

Posted on September 22nd, 2021 by Clyde Mooney
Charter Hall and Hostplus have teamed again to pay around $1.7 billion for the entire portfolio of ASX-listed ALE – the previous largest pub landlord in the land. Funds manager Charter Hall has secured purchase of ALE (ASX:LEP) through the

ENDEAVOUR RELEASES FIRST FINANCIALS

Posted on August 27th, 2021 by Clyde Mooney
Australia’s largest drinks and hospitality business, the recently listed Endeavour Group (ASX:EDV), has announced its first end of financial year results, finding a less than positive reaction. After splitting from parent company Woolworths (ASX:WOW) in June, Endeavour hit the open

ALH PUB SALE SETS NEW BENCHMARK

Posted on August 18th, 2021 by Clyde Mooney
Sale of ALH’s Tudor Inn has set a new high water mark for the asset class, as the first in blue chip divestments to dip below a four per cent yield. Set on a big 4,789sqm site on a corner

BLUE-CHIP SALES TIGHTENING YIELDS

Posted on August 13th, 2021 by Clyde Mooney
Sale frenzy continues around hotels as blue-chip assets, seeing an ALH pub in Brisbane set a new benchmark, as Melbourne’s Zagame family cash in more chips. Culminating its coming to market in July, the Royal Exchange Hotel in Brisbane has