CBRE

LANTERN STREAMLINES FURTHER, LISTING HIGHLANDS LANDMARK

Posted on April 4th, 2016 by Clyde Mooney
The ASX-listed Lantern Hotel Group has listed another “non-core asset” as it executes plans to overhaul its disjointed portfolio. Situated on a prominent corner in the heart of Bowral, the largest town in the NSW Southern Highlands, the Bowral Hotel

REDCAPE PUB INVESTMENT GOES TO MARKET

Posted on March 18th, 2016 by Clyde Mooney
The freehold interest of Redcape’s Cedars Tavern has hit the market as the owner looks to expand his operational portfolio. Amid a distinct shortage of such freehold investments, the sprawling 12,010 m² plot in Emerton houses the top-50 gaming pub

INNER-WEST SWANSON HITS MARKET AS BALMAIN EXPANDS

Posted on March 16th, 2016 by Clyde Mooney
Balmain Pub Group is divesting its popular Erskineville pub as it looks to further large-format venues for its growing portfolio. The listing of the Swanson Hotel comes as Sydney’s inner-west continues its emergence as the food & bev hub of

MELBOURNE METROPOLITAN GEM HITS THE MARKET

Posted on March 9th, 2016 by Clyde Mooney
A high-profile Melbourne CBD freehold has hit the market, boasting a triple-frontage and big potential as a pub or mixed development. The historic Metropolitan Hotel is on the busy corner of William and Lonsdale Streets, opposite the Mint, and close

PUB BARON LAUNDY ASSUMES $60m CENTRAL COAST CROWNE

Posted on February 26th, 2016 by Clyde Mooney
Australia’s pub baron has pulled a trifecta, snapping up his third Central Coast hotel this month for nearly $60 million. The Crowne Plaza Terrigal is the biggest hotel on the Central Coast, occupying over 9,000 m² of beach frontage. It

BALMAIN PUB GROUP BUYS BALMAIN’S TOWN HALL

Posted on February 10th, 2016 by Clyde Mooney
Further staking its claim to being the Balmain Pub Group, Nick Wills’ company has bought Balmain’s Town Hall. Still mourning parting with his beloved Riverview Hotel, Wills told PubTIC the Town Hall Hotel fits perfectly with their plans for conquest.

IRIS AND GALLAGHER TRADE ANOTHER PUB

Posted on December 9th, 2015 by Clyde Mooney
Dynamic Iris Capital has traded another pub with the booming Gallagher Hotel Group, as leaseholds continue to come to the fore in the hot hotel market. Representing the fifth asset swap for the two groups, Iris has sold Gallagher the

IRIS OFFLOADS TOP GAMING PUB & DEVELOPMENT

Posted on November 13th, 2015 by Clyde Mooney
In a year peppered by top-dollar transactions, Iris Group has executed one of the biggest gaming pub sales with the Oxford Hotel. The landmark Drummoyne hotel and adjacent retail property have sold for around $34 million in a clear indication

NEWMARKET SALE OPENS DOOR TO MELBOURNE MARKET

Posted on October 26th, 2015 by Clyde Mooney
Just two months after the leasehold business was sold to the booming Dixon Hospitality, Gerry Ryan’s Melbourne pub group is offloading the Newmarket Hotel freehold. Situated on a generous 1,000 m² block in bustling St Kilda, the hotel underwent an

INVESTOR SNAPS UP SYDNEY HOTEL FOR $18.5M

Posted on October 7th, 2015 by Clyde Mooney
The $18.5 million sale of the Bounce Backpackers hotel continue the run of offshore investment dollars that have seen Australia rank second in the Asia-Pacific region for hotel transactions. The five-star hotel is located opposite Sydney’s Central Station, with a