JLL Hotels

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

IRIS DIVESTS $34m CLOVELLY HOTEL

Posted on September 22nd, 2017 by Clyde Mooney
Sam Arnaout’s Iris Capital has divested its freehold interest of the Clovelly Hotel for close to $34 million, ending the group’s long history with the beachside pub. Occupying a prominent 1,708sqm overlooking Clovelly Beach, the pub is a landmark of

PORT MACQUARIE’S FINNIAN’S HITS THE MARKET

Posted on September 13th, 2017 by Clyde Mooney
Furthering the NSW coastal surge, popular Port Macquarie pub Finnian’s Irish Tavern has come to market. Finnian’s occupies a large 1,223sqm site on the same block as one of Port Macquarie’s largest shopping centres, between a Coles supermarket and a

REDCAPE VESTIGES IN $24m ALL SEASONS SALE

Posted on August 11th, 2017 by Clyde Mooney
Redcape has completed the sale of its very large-format All Seasons Quality Hotel in Bendigo for around $24 million, completing a process begun before Moelis bought the balance of the portfolio in June. Occupying 3.56 hectares on McIvor Highway in

IRIS PUTS CLOVELLY FREEHOLD TO MARKET

Posted on July 26th, 2017 by Clyde Mooney
Sam Arnaout’s Iris Capital has listed the freehold of its iconic Clovelly Hotel, armed with a 20-year lease to Bruce Solomon & Matt Moran’s Morsol. Iris has held the Clovelly since 2008, and executed a huge redevelopment in 2012, bringing

REDCAPE OFFLOAD LIVINGSTONE HOTEL TO OSCARS

Posted on June 28th, 2017 by Clyde Mooney
As Redcape’s destiny continues to be the subject of speculation, the Group has quietly sold one of its inner western Sydney pubs to the Gravanis brothers’ diverse and acquisitive Oscars Hotels. Located on the corner of New Canterbury and Livingstone