CBRE Hotels

O’HARA ADDS TO HIS COLLECTOR HOTEL

Posted on April 7th, 2017 by Clyde Mooney
Dan O’Hara and his gun chef(s) are about to revamp Parramatta’s Collector Hotel, after taking the keys this week. The Collector resides in a Western Sydney University building, in booming Parramatta. The leasehold business boasts the unusual benefit of retaining

HOTEL BARKLY SOLD – FOR SECOND TIME IN SIX MONTHS

Posted on April 3rd, 2017 by Clyde Mooney
St Kilda’s famous Hotel Barkly has been sold – for the second time in six months – to new publicans, the owners of the backpacker business upstairs. The popular Hotel Barkly came to market mid-2016, with long-standing operator Simon Lennox

BRIGHTON BEACH PUB INVESTMENT TIPPED TO ROCK MARKET AGAIN

Posted on March 29th, 2017 by Clyde Mooney
Looking to Victoria’s uber-hot investment market, the big block Marine Hotel freehold has returned to sale. In April 2016, automotive entrepreneur Bobby Zagame sold the freehold investment of the Marine to a private investor for a cool $13 million, representing

LANTERN – FALL FROM GLORY AND A 147% WINDFALL

Posted on March 29th, 2017 by Clyde Mooney
The ASX-listed Lantern Hotel Group recently completed a very public exit from the hotel game. PubTIC spoke with CEO John Osborne about the Group’s problems, the subsequent solution, and those jaw-dropping premiums to book value. Emerging from a failed pub

O’NEILLS PARTING WITH BOOMTOWN BEACH HOTEL

Posted on March 27th, 2017 by Clyde Mooney
After more than three decades building a tropical utopia, the O’Neill family is parting with its huge-format Airlie Beach Hotel on the beach. Located 1,000 kilometres north of Brisbane and nearly 300 south-east of Townsville, Airlie Beach is in the

PAECH’S PETERSHAM PUB & HOTEL HEADS TO MARKET

Posted on March 24th, 2017 by Clyde Mooney
The purveyors of good time are divesting their newly renovated West Village pub and accommodation in Sydney’s inner west. Well known publican Locky Paech and business partner Dr James Bodel are GoodTime Hospitality. The group has owned and operated the

HPI OFFERS UP COLES TENANTED HOT PROPERTY INVESTMENTS

Posted on March 24th, 2017 by Clyde Mooney
Listed landlord HPI is making hay in the Sunshine state, offering up two of its Coles-tenanted pub freehold investments. Capitalising on the continued bullish market conditions, HPI (Hotel Property Investments) has listed the freehold of its Hotel Allen in Townsville,

TOWN & COUNTRY OFFERS UP FINAL TWO PUBS

Posted on March 13th, 2017 by Clyde Mooney
The Town & Country Pubs group is packing up its two remaining pubs, listing its coastal Queens and Tandara Hotels. Queensland-based Town & Country (T&C) is one part of a wider entity that is looking to build a portfolio of

COLES’ BIG MANSFIELD TAVERN LISTED – AND SOLD

Posted on March 8th, 2017 by Clyde Mooney
The freehold and opportunity surrounding Coles’ Mansfield Tavern came to market last week – only to be snapped up quick smart by “a well-known Sydney publican”. The massive 20,830 m² site, just 11 kilometres south-east of Brisbane CBD, was expected

PORT MELBOURNE BEAUTY ON OFFER AS ‘MARDO’ MOVES ON

Posted on March 8th, 2017 by Clyde Mooney
The exquisite Mardo’s Hotel is up for grabs, as Nic ‘Mardo’ Mardling passes the custodial mantle with plans to train chefs elsewhere. The hotel on the corner of Crockford and Raglan Streets in Port Melbourne, was constructed circa 1860, and