JLL Hotels

PENTAGON TAKES $30m EBC PORTFOLIO

Posted on June 12th, 2019 by Clyde Mooney
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

HARRY BARRY LISTS MOONEE BEACH AND VILLAGE GREEN

Posted on May 15th, 2019 by Clyde Mooney
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

HEMMES FORKS OUT $7.5m FOR 3 WEEDS

Posted on April 24th, 2019 by Clyde Mooney
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

GM HOTELS ON OFFER FOR $70m

Posted on March 22nd, 2019 by Clyde Mooney
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

GALLAGHER PUTS UP TWO

Posted on March 11th, 2019 by Clyde Mooney
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

FRISCO GOES BIG BACK TO MARKET

Posted on February 22nd, 2019 by Clyde Mooney
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

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