REDCAPE REVERSES WITH MULTIPLE ACQUISITIONS

MA Redcape Hotel Fund has reversed its run of divestments with purchase of three hotels in coveted southeast Queensland, to further its portfolio refresh and optimisation. The prior calendar year continued a shake-up of the Redcape stable that saw multiple

RYAN JOINS WITH FILIPOVIC FOR REDBANK’S COMMERCIAL

Industry stalwart Patrick Ryan has teamed with the recently unemployed former CUB CEO Peter Filipovic in a new independent pub venture, buying the Commercial Hotel at Redbank. The principal of Ryan’s Hotel has joined with the recently former head of

MURPHY GETS COMMERCIAL IN REDBANK

Another NSW hotelier has jumped the border, with Gerry Murphy paying circa $6 million for classic ‘Queenslander’ the Commercial Hotel at Redbank. The two-storey balcony-clad mostly timber pub was built 1915 on a generous 2,702sqm lot, in the block between

TWO BIG QUEENSLANDERS HEAD TO MARKET

Private investors have offered up a portfolio of two big-trading Queensland pubs likely to be some of the last offered in the northern state for 2018. The Commercial Hotel in Redbank and Oonoonba Hotel Townsville are run under management by