Sam Arnaout’s Iris Group has snapped up another massive Sydney pub, securing the freehold operation of ALH’s high-performing Cambridge Hotel in Fairfield for $56 million. Still celebrating last month’s milestone acquisition of Manly’s The Steyne, Iris continues its rapid portfolio expansion with a complex deal on both the freehold and lease of the western Sydney […]
Oscars Hotels has snapped up another inner west landmark, taking title to the freehold going concern of Parramatta Road icon the Empire Hotel, in Annandale. Built circa 1890 for Tooth’s & Co, the three-storey Empire, particularly its façade, was refashioned in the twentieth century in a more modernist, Art Deco styling, which it still embraces.
Brett Nielson and Steve Forbes have taken their newly-formed Good Times Industries west to Armidale, picking up ‘The Newie’ as the Ingham-Myers’ exit the region. Nielson is long-time owner of the Glengarry Castle Hotel in Redfern, where he used to employ Forbes. The pair recently formed Good Times Industries (GTI), and have taken on the
The expanding Pentagon Group has fronted up over $30 million for EBC Leisure’s portfolio of three pubs in the blossoming apple isle. Unlisted pub vehicle EBC began moves last year to divest its pub interests, after more than a decade of successful operation. This began with sale of the Ophir Tavern, leaving a collection of
North Coast Pub Group is consolidating in northern NSW, listing its thriving large-format Moonee Beach Tavern in northern Coffs and Village Green in Grafton. Harry Barry’s North Coast Pub Group (NCPG) operates the big Hoey Moey in coastal tourist town Coffs Harbour and Moonee Beach 14 kilometres north of the CBD, the Seaview Hotel in
HARRY BARRY LISTS MOONEE BEACH AND VILLAGE GREEN Read More »
Justin Hemmes is keeping up his growth strategy, picking up Rozelle’s 3 Weeds in a strong result for the long-time owners and the evolution of the peninsula precinct. Set on an 880sqm lot around four kilometres west of the Sydney CBD, close to bustling Victoria Rd and Balmain’s thriving Darling street, the pub was long
GM Hotels is shaking up the market with the portfolio sale of six pubs in Adelaide, expected to fetch around $70 million. The package represents the crème of GM Hotels collection in South Australia, and destined to be the highest value transaction in the state since ALH bought Saturno Group in 2007 for circa $110
Irish pub king Patrick Gallagher is parting with two of his thriving leases to bolster his growing national portfolio of freeholds and leases. Built 1874, the multi-level Criterion Hotel sits majestically on the bustling corner of Pitt and Park Streets in Sydney’s CBD, opposite the soon to open Pitt Street metro station, slated to see
The handsome Frisco Hotel has returned to market for a bells and whistles campaign hoping to capitalise on confidence in the harbourside precinct of Woolloomooloo. Built 1856 on 304sqm in one of Sydney’s oldest precincts, the Frisco is a three-storey red brick Georgian building listed on the State heritage register, with a commanding first-level veranda
News of the sale of two massive inner western pubs has emerged to herald a strong start to the year, with the Lidcombe Hotel and Royal Exchange Hotel Marrickville fetching a combined $80+ million. The off-market sale of the Lidcombe was by Monarch Hotels, which last year was tempted to market with its Banksia Hotel
A product of The Information Collective
ACN. 603 201 109
ABN. 21 603 201 109
