CBRE

BYRON ‘TOP PUB’ LOOKS TO FETCH $70m+

Posted on June 15th, 2016 by Clyde Mooney
Byron Bay’s juggernaut ‘Top Pub’ has hit the market and tight investor yields could see it fetch over $70 million. The Beach Hotel is possibly Australia’s ultimate beach hotel, located on 4,585 m² offering ring-side views of Byron Bay’s picturesque

SCRUFFY MURPHY’S & CO SET TO MAKE BIG HOTEL DEVELOPMENT

Posted on June 1st, 2016 by Clyde Mooney
Sydney stalwart Scruffy Murphy’s Hotel has come to market along with surrounding blocks, representing a big hotel opportunity for the Haymarket site. With a view to large-scale development, the properties at 43-49 and 51-53 Goulburn St and 698-704 George St

CALLIGEROS GRABS REILLY’S TRINITY BAR

Posted on May 25th, 2016 by Clyde Mooney
It’s all smiles at Surry Hills, as Peter Calligeros signs on the line for Ray Reilly’s Trinity Bar for $8.5 million. After a busy first half of the year that saw the Irishman both selling and buying, Reilly told PubTIC

LANTERN OFFERS BEAUMONT EXCHANGE HOTEL TO MARKET

Posted on May 20th, 2016 by Clyde Mooney
On the back of recent successful divestment campaigns, Lantern Hotel Group has put to market the Beaumont Exchange Hotel, in Hamilton. The ASX-listed Lantern (LTN) has enjoyed a number of hotel sales significantly above book value, and in continuation of

LANTERN BOASTS MORE PREMIUM PUB SALES AMID TURN-AROUND

Posted on May 18th, 2016 by Clyde Mooney
ASX-listed Lantern Hotel Group is forging ahead with its turnaround, announcing the sale of further assets, particularly the landmark Bowral Hotel for $6.35 million. Following a shareholder vote to oust the existing Lantern (LTN) board mid-2015, the newly-appointed Chairman John

STRAND HOTEL AND OCEANFRONT LAND SALE SCREAM POTENTIAL

Posted on May 11th, 2016 by Clyde Mooney
The Strand Hotel and surrounding land has hit the market, offering operators or developers “one of the last strategic land holdings” on the thriving east coast of Queensland. A local landmark, The Strand Yeppoon sits central in the redevelopment project

ILLAWARRA GOLD BOUGHT BY PEAK INVESTMENTS

Posted on April 27th, 2016 by Clyde Mooney
The Denmeade family has divested a landmark Wollongong pub to Damian Kelly’s Peak Investments as the Illawarra region continues to run hot. After operating Wollongong’s large format Corrimal Hotel for nearly two decades, Andrew Denmeade has determined to change up

BEACHSIDE HOTEL HITS MARKET IN BEAUTIFUL SCARBOROUGH FAIR

Posted on April 15th, 2016 by Clyde Mooney
The idyllic beachside Indian Ocean Hotel has hit the market after 30 years’ operation by a local family. Following the passing of the father and long-time publican, his sons determined the best way forward was sale through independent managers and

RAY REILLY TO SELL SURRY HILLS STALWART

Posted on April 13th, 2016 by Clyde Mooney
After nearly two decades and “a very emotional decision” Ray Reilly is parting with his beloved Surry Hills stalwart, Trinity Bar. Located on Crown Street in the heart of city-fringe Surry Hills, Trinity Bar is a local favourite bought by