JLL Hotels

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

HUGE GALLAGHER IRIS HUNTERS HILL TIGER PUB SALE BUY SWAP

Posted on June 23rd, 2017 by Clyde Mooney
Iris and Gallagher Hotels have furthered their history, speaking exclusively of selling each other the Hunters Hill Hotel and Tiger Bar in the biggest pub transaction in years, sources say tops $64 million. Sam Arnaout’s Iris Capital has been behind

GALLAGHER BUYS BIG-BONES TERRIGAL PUB FOR $28m

Posted on April 26th, 2017 by Clyde Mooney
Irish pub king Patrick Gallagher has bought his biggest pub yet – paying $28 million for the Terrigal Hotel and a ‘return to his youth’. Gallagher describes the area around his latest purchase as ‘special’ and recalls family visits “just

ANOTHER SPIRIT BLUE-CHIP TO MARKET IN HEART OF BRISBANE

Posted on April 7th, 2017 by Clyde Mooney
Continuing the run of Spirit Hotels blue-chip Queensland freeholds, the big Waterloo Hotel and tower has come to market. The Waterloo Junction complex in Newstead comprises an historic pub and several retail tenancies, plus upmarket commercial office space. It represents

ALL QUALITY, AS REDCAPE DIVESTS

Posted on April 3rd, 2017 by Clyde Mooney
As speculation around its own fate continues, Redcape Hotel Group has listed the freehold of one of Australia’s largest accommodation pub assets. The very large-format All Seasons Quality Hotel occupies 3.56 hectares (35,570 m²) on McIvor Highway in Bendigo, around