JLL Hotels

OSCARS WIN TRIPLE 8 FROM GALLAGHERS

Posted on May 4th, 2018 by Clyde Mooney
Gallagher Hotels has offloaded the gaming-focused Triple 8 Hotel in Chinatown to the ever-active Oscars Hotels. Patrick Gallagher bought the operation with a seven-year lease in 2015 from Iris Group for circa $7.25 million, representing the two businesses’ fifth asset

GALLAGHER TAKES SOLOTEL’S CHELSEA CHATSWOOD

Posted on April 27th, 2018 by Jane Louise
Gallagher Hotel Group has welcomed another Sydney north shore pub into the fold, picking up title to Chatswood’s Chelsea Hotel from Solotel for circa $20 million. The Chelsea is a modest local pub on the western side of Chatswood station,

RICHMOND’S RG MCGEES TO MARKET

Posted on March 28th, 2018 by Clyde Mooney
Jason Teague and partner have listed their pub in Sydney’s north, weighing investment or divestment on the main street long lease. Teague is a career publican who grew up in Sydney’s inner-west, starting behind the bar at the Summer Hill

THOMPSON SETS RED LION ON MARKET

Posted on February 23rd, 2018 by Clyde Mooney
The Thompson family has listed its newly refurbished Moorooka pub, the Red Lion, in Brisbane’s booming south. The Red Lion occupies a prominent corner block on bustling Beaudesert Road, around nine kilometres from the Brisbane CBD. Simon Thompson and partners

REDCAPE’S $25m RETURN FLIGHT TO WATTLE GROVE

Posted on February 21st, 2018 by Clyde Mooney
Australia’s most prominent gaming group has taken another step toward IPO aspirations with a return to Wattle Grove and acquisition from the Malouf family. In 2010 Hedley Leisure – the ancestral base of Redcape Hotel Group – sold the western

OZ PUB GROUP GROW WITH THE BOUNDARY

Posted on November 24th, 2017 by Clyde Mooney
One of Brisbane’s oldest and most iconic pubs has sold for the first time in 95 years to Colin Macleod’s expanding Oz Pub Group. The Boundary Hotel has stood on the corner of Boundary Rd and Jane St in Brisbane’s

MOELIS GROW REDCAPE WITH 3 BUYS FOR $100m

Posted on November 17th, 2017 by Clyde Mooney
This week Moelis – new owner of Redcape Hotel Group – announced nearly $100 million in acquisitions into the portfolio ahead of a big capital raising and its potential re-listing. Redcape Hotel Group (RHG) already operates top gaming pub the

MERIVALE MOVES INTO BONDI AT THE ROYAL

Posted on November 10th, 2017 by Clyde Mooney
After some speculation, Merivale has confirmed its acquisition of the famed Royal Hotel at Bondi. The Royal is a Bondi Road institution, and part of local folklore. It saw the founding meeting of the historic Bondi Surf Bathers Life Saving

ROYAL HOTEL SUNBURY INVESTMENT WITH 51-YEAR LEASE TO ALH

Posted on October 9th, 2017 by Clyde Mooney
The freehold interest of the Royal Hotel in Sunbury has come to market, with a coveted lease to Australia’s biggest publican, ALH, and land bank just forty kilometres from the CBD. The Royal Hotel is triple-net leased to Australian Leisure

HOTEL PALISADE SOLD AGAIN FOR $30m+

Posted on September 27th, 2017 by Clyde Mooney
The sleeping beauty Hotel Palisade has been sold again for a hot market top-dollar price, less than two years after it reawakened from eight years closed and two renovations. A hotel was first built on the Millers Point site of