JLL Hotels

RECORD SALES AS PUB SECTOR THRIVES

Posted on February 20th, 2019 by Clyde Mooney
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

3 WEEDS TO MARKET

Posted on February 18th, 2019 by Clyde Mooney
One of Sydney’s original gastro pubs – the 3 Weeds – comes to market as its private owners make the decision to retire. Located in the heart of formerly working-class Rozelle, around four kilometres west of the Sydney CBD, the

ALH’S AUSTRAL HOTEL SELLS FOR $25m

Posted on February 8th, 2019 by Clyde Mooney
Charter Hall has continued its confidence in the pub sector with another big acquisition, of the ALH-tenanted Austral Hotel in Mackay for a reported $25 million. Charter Hall began its investment in blue-chip pub assets in 2014, acquiring a $600

100 BURGERS GROUP SEEKS SOLUTION FOR BOWEN HILLS

Posted on January 23rd, 2019 by Clyde Mooney
Thumping food-based pub Welcome to Bowen Hills in Brisbane is testing the market, as its Melbourne-based owners tune their interstate business model. The curiously named Welcome to Bowen Hills (WBH) represents the second instalment of the concept by 100 Burgers

BRAITHWAITE HEADS NORTH TO TAME A RED LION

Posted on December 7th, 2018 by Clyde Mooney
Back from his hiatus, Peter Braithwaite has taken the plunge into Queensland with purchase of the Willow Hotel turned Red Lion outside Brisbane from the Thompson family. Braithwaite sold the Commercial Hotel Boolaroo mid-2017 after almost a decade of operation,

FREEHOLD OF DT’S HOTEL RICHMOND LISTED

Posted on October 3rd, 2018 by Clyde Mooney
A private investor is offering to market the freehold interest of well-known Richmond pub DT’s. DT’s Hotel, formerly known as Citizen’s Park Hotel, is situated at the busy corner of Church and Highett Streets. It has been a colourful Richmond

HPI DIVEST COLES’ WICKHAM ON TIGHT RETURN

Posted on September 21st, 2018 by Clyde Mooney
Hotel Property Investments has divested its freehold interest in the Coles-tenanted Wickham Hotel in Fortitude Valley on a sharp yield not seen in the state for a decade. The ASX-listed HPI holds in excess of 40 venues in Queensland and

ALH’S ROYAL SUNBURY SELLS ON RAZOR YIELD

Posted on August 31st, 2018 by Clyde Mooney
The freehold interest of ALH’s Royal Hotel Sunbury has been sold on a tight return between two pub families. The Royal enjoys a prominent corner in the heart of Sunbury, around 45 minutes’ north-west of Melbourne’s CBD, in a significant

REDCAPE BUY INTO BREWING WITH COLOSIMO’S ROUSE HILL FLAGSHIP

Posted on July 11th, 2018 by Clyde Mooney
Redcape has announced its acquisition of the Colosimos’ Australian Hotel and Brewery for around $50 million, heralding the group’s plans to invest in the “craft and localised beer market”. Marcello Colosimo and family opened the large-format Australian Hotel and Brewery

EATONS HOTEL UP FOR GRABS AS RYAN STEPS DOWN

Posted on June 1st, 2018 by Clyde Mooney
Long-serving owner-operator Phil Ryan has listed his beloved Eatons Hotel, offering big potential for a fresh set of eyes. Ryan has been running the pub since buying it in 2003, working with his daughter to keep the Muswellbrook Hotel up