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 Square to the private company for just north of $60 million. The unlisted MA […]
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 $45 million, following the investment bank’s very recent purchase of the Courthouse Hotel on the
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 Street precinct, the four-level main property landmarking one of the four corners of Taylor Square,
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 from the building structure and fit-out to menus and entertainment, to ensure its future ability
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 was Cairns’ official Court building until 1998, after which it was converted into a hotel.
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. Built in the 1920s and long operated by Tooths & Co, the Hotel had seen
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 bloodied man was arrested for antics outside the Cairns Courthouse Hotel. The clearly intoxicated man
QLD LOCKOUTS MAY NOT HAPPEN EVEN AS PATRONS BEHAVE BADLY Read More »
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, Cairns Council pronounced to media that it was going to acquire it. The surprise claim
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 through CBRE Hotels. The ASX-listed Lantern announced contracts for its sale to Pelathon in late
Just days after taking the keys, Pelathon will part with its newly-acquired Courthouse Hotel after Council determined they want it more. The listed Lantern Group (LTN) first discussed parting with the landmark Cairns pub last year. Built from the city’s former Courthouse, it is located between two other heritage buildings – the former Cairns Public
COUNCIL TO ACQUIRE PELATHON’S JUST-BOUGHT COURTHOUSE HOTEL Read More »
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