CBRE Hotels

PARRAS SECURES LANTERN’S AMBARVALE GEM FOR $21m

Posted on November 18th, 2016 by Clyde Mooney
As the Lantern sell-down reaches a crescendo, Colin Parras has emerged as buyer of the listed Group’s Ambarvale Hotel, in the Greater Macarthur Priority Growth boomtown. Occupying 7,200 m² in Ambarvale, within Campbelltown LGA, the Hotel is central to a

COLLECTOR HOTEL & BENEFITS ON SALE IN BOOM TOWN

Posted on November 7th, 2016 by Clyde Mooney
The Collector Hotel in Parramatta has come to market boasting lessee assets in the town of opportunity. Parramatta is alive with development activity, hosting the lion’s share of building sites that have seen Sydney leading the record-breaking crane count across

DIXON DANCES WITH KKR FOR $40m SLICE OF KEYSTONE

Posted on November 2nd, 2016 by Clyde Mooney
The high-profile sale of the Keystone portfolio has taken a twist, with creditors KKR helping Dixon Hospitality into a $40m deal for six Sydney venues including Kingsley’s fine-dining restaurant. Despite previous statements denying interest in assets of the beleaguered The

‘CLOEY’ HOTEL TO TEST WATERS IN TIME FOR SUMMER

Posted on October 24th, 2016 by Clyde Mooney
The sky is the limit as Eastern Suburbs pub royalty comes to market, with Iris testing the waters for its beachside beauty, the Clovelly Hotel. Sam Arnaout’s Iris Capital acquired the Hotel in 2008 and in 2012 performed a major

KEYSTONE CONCLUSION CLOSER AS BREAK-UP IMMINENT

Posted on October 24th, 2016 by Clyde Mooney
The much-anticipated future of The Keystone Group portfolio remains undetermined, as news emerges of a shrinking short-list and Dixon Hospitality eyeing seven of the 17 venues. After falling foul of financiers, a high-profile campaign for the well-known Keystone portfolio has

GOING, GOING? GONE: CAIRNS PUBS COGNIZANCE

Posted on October 17th, 2016 by Clyde Mooney
Amid massive local development, Cairns’ Grand Hotel has hit the market, the Courthouse is being courted by Council, and a new team sign for the Cape York. Occupying 2,035 m² on a prominent corner in the heart of town, the

LAUNDY ADDS TO COAST COLLECTION WITH SWANSEA

Posted on September 26th, 2016 by Clyde Mooney
The Laundys have acquired the large-format Swansea Hotel in Lake Macquarie for an A-grade price of $13 million from the Bernie family. The two-storey Hotel sits on 3,235 m² on the main street of Swansea – the gateway to NSW

POPULAR ST KILDA CORNER PUB TO MARKET

Posted on September 16th, 2016 by Clyde Mooney
St Kilda’s popular Elephant & Wheelbarrow has come to market, as long-term owners take the opportunity to concentrate on other pubs. [caption id="attachment_7268" align="alignright" width="371"] Elephant & Wheelbarrow[/caption] Located near the St Kilda foreshore, the Elephant & Wheelbarrow is a

BRISBANE ‘TROPHY’ PUB LATEST TO HIT MARKET

Posted on September 2nd, 2016 by Clyde Mooney
Real estate market mania continues to see hot property sent to market, now including operator and developer target, North Brisbane’s large-format Homestead Tavern. Located on a generous 7,550 m² block in beachside Boondall, the vendors have executed regular renovation to

LOCAL WINS BATTLE FOR GRAVILLIS’ KEMPSEY PUB

Posted on August 31st, 2016 by Clyde Mooney
Hotel Kempsey has joined the ranks of hot property coastal pubs to change hands, with a local expanding publican beating out the metropolitan groups. The family of Peter Gravillis listed the popular local in June, after nearly 30 years owning