Chasing the news of two sales in the past fortnight, Redcape Hotel Group has announced the off-market sale of both the Shafston Hotel in Brisbane and the Central Hotel in Shellharbour. The big, multi-level Shafston Hotel is in East Brisbane, close to the Brisbane River and Gabba Stadium. Redcape acquired it from the exiting Delaware […]
Amid major works and investment in the area, a vacant hotel operation has come to market at Cairns’ historic Central Hotel. The striking two-storey Queenslander was built on the corner of Lake and Spence Streets in the heart of the CBD in 1909. The major intersection boasts on its other three corners the Bolands Centre,
Lantern has taken the money and run, “meeting the market” for the deeds on its Bundaberg freehold to complete the exit from Queensland. In June, ASX-listed Lantern (LTN) listed the freehold going concern of the Central Hotel, Bundaberg, in a collaboration with the tenant, owner of the leasehold. LTN has been selling down assets around
LANTERN TAKE ‘BEST OFFER’ FOR CENTRAL QUEENSLAND PUB Read More »
ASX-listed Lantern Hotel Group reports it is on track to turn around, now listing its final Queensland pub as per its strategic divestment of non-core assets. Last week it put to market its freehold interest of Cairns’ iconic Courthouse Hotel, and now begins completion out of Queensland with the freehold going concern of Bundaberg’s Central
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