Sam Arnaout’s Iris Group has further cemented its footings in booming Newcastle, securing Campbell and Clare Rogers’ portfolio in the biggest deal seen in the area. The Rogers acquired large-format Hamilton pub the Sydney Junction Hotel in 2014, building its successes to go on and win the AHA NSW Award for Best Casual Dining in […]
After nearly two decades the Blair family has reached another milestone with the sale of their big Kingswood pub to the very acquisitive Iris Group. Neville Blair has owned and operated the Kingswood Hotel since 2001, which earlier this year underwent a rebrand to become the Milestone Hotel Kingswood, in line with the group’s Milestone
Iris Group has quietly opened a brand new heritage pub in western Sydney heartland, restoring and converting a prime three-storey structure opposite Campsie Station. Sam Arnaout’s Iris bought the site on the prominent corner of Campsie thoroughfares Beamish Street and South Parade, proximate to two of the State’s best-performing gaming pubs, the Campsie Hotel and
IRIS UNVEILS NEW BUT HERITAGE PUB AT CAMPSIE STATION Read More »
Consolidating a footprint in Darlinghurst, Sam Arnaout’s Iris Group has secured the freehold going concern of the quirky Gaslight Hotel – immediately behind the recently acquired Colombian. The four-level Gaslight fronts Crown Street on the corner of Little Oxford St, sharing its northern wall with the popular Colombian Hotel on the corner of Crown and
Sam Arnaout’s Iris Capital has bought former Westpac Bank now Oxford Street landmark The Colombian Hotel for an undisclosed sum. The three-level building on the prominent corner of Oxford and Crown Streets in Darlinghurst is an institution of the Oxford Street scene, and former Top-100 gaming venue, with 30 EGMs including 15 valuable permits. The
One of the country’s busiest pub groups has revealed plans for a massive redevelopment of its “County Bondi” landmark. The Cock n Bull – aka the Grand Hotel – could see a medium-rise development in Iris’ trademark style, with retail, accommodation and residential space slated to join the prominent corner pub. A Development Application to
IRIS GROUP’S LANDMARK BONDI HOTEL SET FOR $17m MAKEOVER Read More »
Iris Group has kicked off 2016, purchasing a Parramatta hotel “as a development” for $38 million. Located a stone’s throw from Rosehill Racecourse, the Mercure Parramatta boasts 165 rooms atop a bar, recreation and function spaces. The Australian implied Iris paid too much for intentions to continue operation in its current form, and reported “sources”
In a year peppered by top-dollar transactions, Iris Group has executed one of the biggest gaming pub sales with the Oxford Hotel. The landmark Drummoyne hotel and adjacent retail property have sold for around $34 million in a clear indication the hot market continues to sizzle. Speaking to PubTIC, Iris CEO Sam Arnaout said conditions
Only months after announcing plans for massive redevelopment, Iris Group has divested the Kings Cross Mercure complex. Earlier this year Iris lodged plans with the City of Sydney for an overhaul of the 19-storey Kings Cross tower it bought in 2012 for $65 million, into a mecca of luxury apartments worth $300 million. But before
IRIS GROUP SELLS TO CHINA’S BIGGEST DEVELOPER FOR $170m Read More »
There are likely those that have almost tired of me banging on about Kings Cross and The Bourbon, but the subject deserves at least one more hit. It was with mixed feelings this week I reported the sale and purchase of one of Sydney’s most famous pubs. After every reasonable attempt to set the example
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