AVC

PACE OF GROWTH TO QUICKEN UNDER PAG

Posted on April 24th, 2024 by Clyde Mooney
Australian Venue Co is finding renewed strength under new owners PAG, and armed with a new investment chest is ratcheting up its acquisitions. In August news broke of the $1.4bn deal whereby PAG Asia Capital bought KKR’s 80 per cent

AVC BUY FOUR FREEHOLDS FROM LANDLORD HPI

Posted on March 22nd, 2024 by Clyde Mooney
ASX-listed HPI today announced it has entered a binding agreement to sell four of its hotels to its major tenant, Australian Venue Co, for a total of $48.6 million. Set to occur in two tranches, the four properties comprise three

AVC’S HARLOW ‘RARE’ MELBOURNE SALE

Posted on February 26th, 2024 by Clyde Mooney
Australian Venue Co’s Harlow in ‘Silicon Yarra’ is being sold and expected to attract strong and varied interest, as hospitality continues to shine and PAG finalises its billion-dollar acquisition of the group. The pub is located on a 485sqm corner

AVC HAS A BALL IN SUNBURY

Posted on February 9th, 2024 by Clyde Mooney
AVC has advanced its position in the Sunbury locality, unveiling its multi-million-dollar renovation of the Ball Court Hotel, designed with the entire community in mind. The group bought the pub in Sunbury, around 40 kilometres north-west of the Melbourne CBD,

CLAREMONT OWNERS SUING NATIONAL BUILDER FDC

Posted on December 7th, 2023 by Clyde Mooney
The landlords of AVC’s glittering Claremont Hotel, which re-emerged this year after a massive makeover, are allegedly suing builders FDC Construction over matters relating to ‘breach of contract’. A hotel opened on the site in Perth’s western suburbs in 1886,

AUBURN GROWS IN THE HEART OF HAWTHORN

Posted on November 13th, 2023 by Clyde Mooney
After more than a century serving the Hawthorn community and a $4.3 million transformation, AVC has fully reopened the Auburn Hotel, ushering in more trading space and addition of new attraction ‘The Pavilion’. The site neighbouring the Hotel has previously

AVC PICK UP INCLUSIVE HOTSPOT THE COURT

Posted on September 20th, 2023 by Clyde Mooney
Australian Venue Co is in The Court, announcing a conditional acquisition agreement to purchase the loud and proud venue in Perth’s entertainment precinct. Established in 1888, The Court’s long in the city includes its long association with the LGBTQIA+ community,

NEW DIRECTION FOR GRAND JUNCTION AND BROWNS PLAINS

Posted on September 13th, 2023 by Clyde Mooney
Australian Venue Co has rolled out another two overhauled local watering holes, bringing the Grand Junction Tavern and Browns Plains Hotel back online after multi-million-dollar investments. The Grand Junction of Pennington reopened after a $2 million renovation pitching a new

KKR OFFLOAD AVC IN BILLION-DOLLAR DEAL

Posted on August 25th, 2023 by Clyde Mooney
Global investment giant KKR has formalised an agreement with alternative investment firm PAG for purchase of its controlling share in Australian Venue Co (AVC) in a billion-dollar-plus deal. Today’s announcement finalises a process that began nearly a year ago with

NEW CLOTHES AND TITLE FOR NUNDAH’S ROYAL

Posted on July 31st, 2023 by Clyde Mooney
Australian Venue Co has revealed another major renovation of a landmark Queensland pub, bringing a stylish new look and revised name to Nundah’s Royal. Opened in 1888 in Brisbane’s northside as the Royal English Hotel, in recent years the pub