JLL Hotels

REDCAPE WRAPS TWO MORE SALES, FOR NOW

Posted on November 23rd, 2023 by Clyde Mooney
After seven premium sales, high-profile pub operators Redcape have not ruled out further adjustments to the asset sheet. The Moelis-managed fund has continued its strategic divestment initiative, which sees another three this week, with Redcape saying all buyers were long-term

BROWNING FAMILY PUTS UP BALLARAT COLLECTION

Posted on November 17th, 2023 by Clyde Mooney
The Browning family has put their portfolio of hospitality venues in Ballarat on the market, representing more than an acre of freehold assets in the heart of one of Victoria’s largest regional centres. Billed as ‘The Ballarat Collection’, leading the

OLD BAR NEW FOR QUINN AND CO

Posted on November 13th, 2023 by Clyde Mooney
Kelly & Co Hotels has announced the quick-draw sale of Old Bar Tavern on the NSW mid-north coast to a partnership headed by growing regional hotelier Nick Quinn. Old Bar Tavern is found around two hours north of Newcastle, on

HARVEST PASSING A MILESTONE

Posted on October 25th, 2023 by Clyde Mooney
Dynamic pubs fund Harvest Hotels has listed its polished Milestone Hotel in Dubbo as it seeks growth opportunities in other larger format pubs. Chris Cornforth and Fraser Haughton’s group acquired the Milestone Hotel in May 2021 for around $15 million

MERCURY IN THE FOUNDRY

Posted on October 25th, 2023 by Clyde Mooney
Bendigo cornerstone the Foundry Hotel is the latest in a series of regional Victorian pub deals, and a positive sign for the state’s gaming hotel market. The Kuchel family have been dug in operating The Foundry for the past 33

SEGERSTROM GOES EX-BARGO

Posted on October 13th, 2023 by Clyde Mooney
There’s a changing of the guard in Macarthur as veteran Lloyd Segerstrom hands over the keys to his Hotel Bargo, to exit the game. Set on an expansive block, with lawns for events and functions, the pub comprises public bar,

DORE’S SALISBURY OF STANMORE SOLD

Posted on October 9th, 2023 by Clyde Mooney
Ged Dore and partners have successfully sold their revived Salisbury Hotel in Stanmore to growing hotel operator Matthew Sweeney. A landmark of the inner west, on a prominent corner of the main retail strip 100 metres from Stanmore station, the

GALLAGHER DEPARTS MEADOWBROOK

Posted on September 27th, 2023 by Clyde Mooney
Patrick Gallagher and partners have found success in the sale of their large-format Meadowbrook Hotel, tempting a New South Welshman into a thriving gaming operation in the heart of Queensland’s south-east. Located roughly midway between Brisbane and the Gold Coast,

KELLY AND THE GANG HOLD UP GULGONG

Posted on September 20th, 2023 by Clyde Mooney
The Kelly group shake-up continues with the outfit putting up the character-laden Centennial Hotel, in the town on the ten-dollar note. Known affectionately as the ‘Cenny Hotel’, the pub inhabits a prominent corner site in the historic 19th century gold

KELLY & CO JUMP SHIP AT CORINDI BEACH

Posted on September 11th, 2023 by Clyde Mooney
Ned Kelly and partner are selling their big development opportunity in coastal Corindi Beach to hone in on an alternate prize. Previously known as the Amble Inn, the rebranded Corindi Beach Hotel occupies an enormous 16,120sqm site just half and