HTL Property

FRANCIS GROWS WITH REDCAPE’S WATTLE GROVE

Posted on September 13th, 2024 by Clyde Mooney
The Redcape reshuffle rolls on with the group’s twice-owned Wattle Grove Hotel becoming the next step in the northward expansion of Melbourne-based Francis Group. This is the second Redcape Hotel Group (RHG) acquisition by the southerners, headed up by Tom

DEANGELIS LISTS RABY ROSE AND SHOPPING CENTRE

Posted on September 9th, 2024 by Clyde Mooney
The DeAngelis family has listed the blooming Raby Rose Hotel and shopping centre in Sydney's booming south-west corridor, as they prepare for their next endeavours. Raby Rose – formerly the Raby Tavern – is a single-storey premise forming part of

ROYAL ON 99 MAKES 44 FOR THE RHINO

Posted on August 30th, 2024 by Clyde Mooney
Waratah Hotel Group has successfully divested its acclaimed hotel Royal on 99 to Dave Tomsic’s rampaging Black Rhino group. Located in the major regional Queensland town of Roma, the purpose-built pub opened in 2016, replacing the former Royal Hotel, which

RYANS DRINK IN THE TEA GARDENS

Posted on August 23rd, 2024 by Clyde Mooney
John Purkis and family have passed the reins of the landmark Tea Gardens Hotel in Bondi Junction to Ryan hotel dynasty principals John and Sally Ryan. Purkis bought the big multi-storey Art Deco hotel mid-2014 from Aussie Leisure Group, but

FRIEND IN HAND LOOKS FOR A NEW MATE

Posted on August 9th, 2024 by Clyde Mooney
City-fringe companion the Friend in Hand of Glebe has returned to market, as Marcello Colosimo’s Momento maintains impetus on its north-west expansion. The corner local keeps a large trading footprint and revenue-producing space across two levels. It saw an extensive

LIVINGTONE’S CAPTAIN COOK SALES TO WALKER

Posted on July 24th, 2024 by Clyde Mooney
The Fanatical Warren Livingstone has sold his booming Captain Cook of Botany to Kent Walker for twice the purchase price four years ago, as the south Sydney precinct’s ship comes in. Established as the Captain Cook Inn in 1880 on

CULLENS LIST BAY HOTEL AND PACKAGE

Posted on July 17th, 2024 by Clyde Mooney
Landmark coastal pub the Bay Hotel and surrounding businesses have been listed by the Cullen family, after 35 years owner-operation. The diverse business is set on a combined landholding of 4.4 hectares in Bonnells Bay, overlooking Lake Macquarie, with an

ASENSIO OFFERS KULETO’S ON KING

Posted on July 15th, 2024 by Clyde Mooney
Long-time owner Donna Asensio has offered up the quirky Kuleto's hotel on King Street in inner west Newtown, holding plenty of upside for a hands-on operator. Formerly known as the Milton Hotel, the three-storey venue is at the northern end

MORTGAGEE SALE ON PUBLIC’S PADDINGTON FLOWER

Posted on July 10th, 2024 by Clyde Mooney
Lender Australia Pacific is selling Public Hospitality venue El Primo Sanchez Hotel – formerly the Rose, Shamrock and Thistle – as Adgemis’ collection unravels. One of Paddington’s historic pubs, the Rose, Shamrock & Thistle first opened in 1884, on the

REDCAPE TRIFECTA TO FRANCIS AND SONNEL

Posted on July 8th, 2024 by Clyde Mooney
Redcape has given a fresh boost to the portfolio reshuffle, selling three more of its A-grade pubs to two different buyers, for a total value of over $136 million. The latest three hotels to exit the Redcape stable are the