SOLOTEL’S PORTFOLIO MAKEOVER FAREWELLS KINGS CROSS

The Solotel shake-up continues, seeing a buy and lease-back in the inner west, construction in the west and the statuesque Kings Cross Hotel sold to the Gravanis brothers’ Oscars Group. Built 1914, the towering six-level Federation style Hotel stands at

SOLOTEL’S SHAKE-UP PUTS UP THREE SYDNEY PUBS

Solotel has announced further strategic changes to its portfolio, as three of its pubs in top tier precincts come to market at once.   On offer is vacant possession on the freeholds of the Bank Hotel in Newtown, Sackville Hotel

GLASSHOUSE MAROUBRA LOOKS TO MARKET

The unique Glasshouse Hotel in Maroubra Junction is on the market, presenting a rare opportunity in Sydney's tightly held eastern suburbs. The two-level Glasshouse is a rare dual-interest structure comprising a ground floor leasehold and 1,090sqm freehold strata title on the lower ground,

LAUNDY SNAPS UP HARVEST’S WOY WOY

Two of the most active players in NSW pubs have done a deal, seeing Harvest Hospitality announce sale of the Woy Woy Hotel to the expansive Laundy Hotels. Harvest bought the pub at the end of 2021 for $32 million

CROSS KEYS COURTS NEW OPERATOR

The historic Cross Keys Hotel in Essendon has been taken to market, offering a robust city-fringe gaming operation in Victoria’s tightly held market. The Cross Keys was established in 1859, after John Morgan purchased the block of land from the

LAUNDY SYNDICATE INTO SINGLETON’S IMPERIAL

A Laundy-backed syndicate has snapped up the large-format opportunity that is the Imperial Hotel in Singleton, in another significant regional transaction. The Imperial came to market in February on behalf of a private Sydney-based property investor, who had acquired it

OSCARS TAKE REDCAPE’S SOUTH TERRACE IN BANKSTOWN

Redcape Hospitality has shuffled the portfolio again, selling the South Terrace Hotel in Bankstown to Oscars Group in another major NSW transaction. Redcape, under MA Financial’s MA Hotel Management, has been making moves in south-east Queensland, after recycling capital from

IMG TAKE TPG IN BIG-TICKET GROUP SALE

The family-owned IMG Hotels has nearly doubled its growing stable with the portfolio purchase of five venues from one of the multi-generational stalwarts of regional NSW, Tamworth Pub Group. Representing one of the largest regional NSW pub transactions in recent

GALLAGHER GROWS INTO THE OAKS

Legend of Sydney’s north shore, The Oaks in Neutral Bay, has been sold by the veteran Thomas family for around $140 million to the family of Patrick and Angela Gallagher. The Thomas family moved into operations at The Oaks in

ROSE OF CHIPPENDALE UNDER ANOTHER NAME

The Kanellos family have stepped down from their inner west institution, the Rose Hotel in Chippendale, throwing the bouquet to Colm and Peta O'Neill. Formerly known as the Native Rose, the pub is well positioned on a prime 485sqm corner