AVC

CALLS FOR RENT REVIEWS AMID COMPROMISED TRADING

Posted on August 10th, 2020 by Clyde Mooney
Leading pub operators are calling on landlords for renegotiated conditions in the wake of COVID-19, prompted by the major losses in revenue across the board and second closure period for Melbourne. The call comes as news from research entity Morgan

THE NEW NORMAL SET TO BEGIN

Posted on May 29th, 2020 by Clyde Mooney
Authorities have begun circulating checklists to industry to help licensed venues meet their COVID-19 safety plans required for reopening Monday, 1 June. In NSW larger venues will be able to take up to 50 people in separate existing dining areas,

INDUSTRY CALLS FOR CLARITY ON REOPENING TIMELINE

Posted on April 29th, 2020 by Clyde Mooney
Australia’s continued fall in new COVID-19 infections is sparking calls by industry for more clarity from the government as to when pubs might begin to reopen. Reaching the end of April and just over a month since the nationwide forced

AUS VENUE CO TAKES PRIZED SAND HILL ROAD

Posted on March 4th, 2020 by Clyde Mooney
Australian Venue Company has furthered its strategic expansion with the nine-digit acquisition of eight venues held by Melbourne trailblazers Sand Hill Road. Amid speculation, The Australian published a story in January suggesting KKR (Kohlberg Kravis Roberts), majority stakeholder of Australian

AVC & COLES INK HPI LEASE EXTENSION

Posted on January 31st, 2020 by Clyde Mooney
Listed entity HPI has announced a deal renewing the bulk of its leases to Australian Venue Co (AVC) and the partnership with Coles, bringing “confidence” in the future to all parties and the pub sector. Hotel Property Investments (ASX: HPI)

AVC BRINGING BACK SARAH SANDS

Posted on October 25th, 2019 by Clyde Mooney
Australian Venue Co. has announced a new addition to its portfolio with purchase of Brunswick’s historic, newfound Sarah Sands Hotel. Located in Melbourne’s eclectic north-side neighbourhood, the Georgian-style Sarah Sands has stood sentry on the corner of Brunswick and Sydney

AVC SELLING IN MELBOURNE

Posted on September 11th, 2019 by Clyde Mooney
The acquisitive Australian Venue Company is fine-tuning the portfolio, divesting two of its operations in south Melbourne. The Newmarket Hotel is a classic red brick two-storey structure that offers a nod to the traditional eclectic St Kilda, while “boasting its

AVC + COLES EXPANSION BEGINS WITH RIVERLAND

Posted on May 13th, 2019 by Clyde Mooney
The brand new joint venture between Australian Venue Company and Coles has kicked off further expansion plans with purchase of Open Arms Hospitality’s Brisbane hot-spot Riverland. This marks the first acquisition for the newly-formed Queensland Venue Company (QVC), which sees

COLES AND AVC ANNOUNCE $200m DEAL

Posted on March 6th, 2019 by Clyde Mooney
Coles’ Spirit Hotels has finally announced its much-anticipated joint venture proposal with Australian Venue Company (AVC), for control of 87 pubs in three states. ASX-listed Coles (ASX: COL), recently de-merged from parent company Wesfarmers, has entered into an incorporated joint