CBRE Hotels

LAZARUS HEADS NORTH AND LISTS THE EASTERN

Posted on March 3rd, 2017 by Clyde Mooney
Hopping into Sydney’s hot market, Andrew Lazarus’ Eastern Hotel Group has listed Bondi’s large-format Eastern Hotel as it rounds out a complete portfolio shift. The Eastern Hotel is adjoined to Westfield Bondi Junction, occupying 1,720 m² over four levels, with

IRVIN HOTELS BUYS HOMESTEAD TAVERN AS SPANKIE EXITS

Posted on February 24th, 2017 by Clyde Mooney
Another Sydney hotelier has bought big in Brisbane, with Joe Irvin picking up the “trophy asset” Homestead Tavern for $15.6 million. The ongoing shortage of opportunities in Sydney and Melbourne is driving more publicans up the coast, finding value in

IMPERIAL HOTEL METRICS TO PIQUE MARKET

Posted on February 20th, 2017 by Clyde Mooney
Hotelier David Richards has listed the large-format Imperial Hotel Coonabarabran, boasting big business in the centre of town. Coonabarabran’s Imperial is located on the corner of main road John Street and Dalgarno Street, and incorporates seven retail business tenants. The

CROWN TOPS OFF LANTERN SELL-OFF

Posted on February 13th, 2017 by Clyde Mooney
The feeding frenzy of Lantern’s pub sell-down has ended with the sale of the Crown Hotel to Damian Kelly’s Peak Investments for $26.1 million. The ASX-listed Lantern Hotel Group (LTN) has executed a well-publicised and highly strategic divestment program of

PRIZED NEW OPERATOR FOR HISTORIC PORT OFFICE HOTEL

Posted on February 13th, 2017 by Clyde Mooney
One of Brisbane’s historic and best-loved pubs is in new hands, with Nick and Meagan Gregorski set to reopen the renovated Port Office pub tomorrow. Fourth generation publican Nick Gregorski recently revived The Alliance Hotel in Spring Hill, winning praise

PELATHON LISTS PENRITH’S TATTERSALLS

Posted on February 10th, 2017 by Clyde Mooney
Pelathon Management Group has listed Penrith’s Tattersalls Hotel, offering major upside potential in the western Sydney hub as local Government stimulus plans take root. Located 50 kilometres inland of the Sydney CBD, Penrith is a cornerstone of the greater west,

CLUBS COMPETE TO BUY JUNCTION CLUB PUB

Posted on February 10th, 2017 by Clyde Mooney
The Junction Club pub has been sold by one Victorian racing club to another, heralding wins for hospitality in the north Melbourne precinct. The Victorian Harness Racing Club, headquartered in Melton, has divested the Junction and its 80 EGMs to

BURFORD LISTS MEREWETHER BEAUTY BURWOOD INN

Posted on February 8th, 2017 by Clyde Mooney
Newcastle identity Ian Burford is part of the leap into 2017 pub sales, offering up his alluring Burwood Inn to the growing pool of value-hungry hotel buyers. The Burford family bought the Merewether pub in 2009 and meticulously updated and

BEACH HOTEL & SUPERMARKET FREEHOLD SET TO ENTICE

Posted on February 8th, 2017 by Clyde Mooney
By Chris Kirby-Ryan Right across from the South Melbourne Beach on the Beaconsfield Parade, Albert Park, the Beach Hotel is popular with locals and tourists alike for its vibrant atmosphere and picturesque views across Port Phillip Bay. Having been a

NORTH COAST IVORY TAVERN GOES TO LAWLESS

Posted on January 30th, 2017 by Clyde Mooney
Sydney hotelier Brendan Lawless is following the money, purchasing Tweed Heads beauty the Ivory Tavern – with options. Lawless Hotels is expanding on its NSW north coast operations with the Ivory, having bought Mullumbimby’s Middle Pub in 2013 from Redcape,