ATO FALLS ON VIRTICAL
The strings are unravelling on the rise and fall of the skyrocketing Virtical Group, as the ATO unleashes the first of what could be many fines for improper tax claims. An audit, which is the first to emerge from what
KINSELAS AND COURTHOUSE DEAL IN COURT
The big-ticket sale of Kinselas and the Courthouse Hotel by MA Financial to operator-developer Virtical has fallen over, with parties now arguing the specifics in court. Last September news broke that Moelis was divesting the pair of pubs at Taylor
MOELIS TAKES TAYLOR SQUARE WITH KINSELAS
Moelis Australia has announced another big-ticket acquisition in Kinselas Hotel Darlinghurst – unlocking plans to create a consolidated hospitality precinct at Sydney’s iconic Taylor Square. Moelis Australia Limited (MOE:ASX) has exchanged contracts with the Kospetas family to buy Kinselas for
NEW MOELIS FUND WINS BATTLE INTO COURTHOUSE
The post-pandemic purse strings have loosened, with Moelis Australia Hotel Management topping the bidder list for the prized Courthouse Hotel Darlinghurst, sold for the first time in 30 years, for $22 million. The Courthouse is an icon of the Oxford
HARVEST REAP BENEFITS IN COURTHOUSE
Harvest Hotels has today reopened one of Tamworth’s oldest and most beloved pubs, the Courthouse Hotel, following an extensive renovation and reinvention. Built circa 1876, the pub was closed in June last year to undergo a full-scale transformation, encompassing everything
TREASURED COURTHOUSE HOTEL LANGUISHES
The heritage-listed and battle-trophy Courthouse Hotel Cairns has become a dormant site of itinerants and drug paraphernalia since Council purchased it from Pelathon last December. Built in 1922 as part of a scheme to employ returning WWI soldiers, the building
SHORTS’ TRIBUTE TO REDFERN MISFITS
Marty Short’s group has taken an eclectic step to the left with the unveiling of the quirky and retro-inspired Misfits, in the former Mr Mary’s in the Courthouse Hotel, Redfern. Short Hotel Group (WSHG) bought the tired Courthouse last September.
QLD LOCKOUTS MAY NOT HAPPEN EVEN AS PATRONS BEHAVE BADLY
The Queensland Government is weighing the need for Stage 2 of its scheduled ‘lockout’ laws, despite patrons continuing to make the news for bad behaviour. On 22 December, just two days before it closed for good as a pub, a
COUNCIL GETS ITS PUB, PELATHON SAYS FAREWELL
In a final twist of the Cairns Courthouse caper, Pelathon has surprised the Council and pulled the pin and will cease trading this week. Following the announcement that Pelathon Management Group would be buying Lantern’s historic Courthouse Hotel in Cairns,
HAPPY ENDING FOR PELATHON IN CASE OF COURTHOUSE
A “positive outcome for all” has been achieved with Cairns Council announcing the purchase of Pelathon’s Courthouse Hotel – just bought from Lantern Hotel Group. Lantern listed the Hotel for sale back in June, executing an Expressions of Interest campaign
