REILLY SELLS WHITE COCKATOO TO AVC

Australian Venue Co has partnered again with Charter Hall to buy the freehold and operation of the White Cockatoo Hotel from Ray Reilly, as he looks to further endeavours. Reilly group acquired the three level pub in 2017, then known

BLUE-CHIP SALES TIGHTENING YIELDS

Sale frenzy continues around hotels as blue-chip assets, seeing an ALH pub in Brisbane set a new benchmark, as Melbourne’s Zagame family cash in more chips. Culminating its coming to market in July, the Royal Exchange Hotel in Brisbane has

MALONEY LISTS ST JAMES FREEHOLD

Publican Kim Maloney OAM has listed two freehold assets in Sydney’s CBD, behind and above his St James Hotel, with sources suggesting market expectations circa $60 million. The long-time publican and son of industry legend Cyril Maloney bought the freehold

DOVE & OLIVE LISTED AMID GOOD BEER PLANS FOR THE DOG

The dynamic Good Beer Company has listed its Surry Hills rocket, the Dove & Olive, ahead of “redefining” its large-format DOG. After developing the Surry Hills pub it purchased mid-2012 into one of Sydney’s most awarded and thriving food &

ALH’S AUSTRAL HOTEL & DAN’S UP FOR GRABS

Another ALH plot of gold has come to market, with a private investor offering up the Austral Hotel and adjoining Dan Murphy’s Liquor Barn. Occupying 4,360 m² in the heart of Mackay, the site boasts an exceptionally long 70-year lease

NEW OWNER NEW BEGINNING FOR ENIGMATIC TERMINUS HOTEL

One of the most intriguing hotel sales of recent times has concluded, with Pyrmont’s long-vacant Terminus Hotel selling for around $5 million. © 2015 Mark Merton Photography The heritage-listed Federation style building sits quietly on the corner of Harris and

GOLD COAST LANDMARK PUB SELLS AMID ‘TRADING UPLIFT’

Gold Coast gold mine Melba’s on the Park has sold for a sunny $12.5 million to former Sydney publican Bob El’s Leda Holdings. Vendor George Fleming had owned the Gold Coast institution for several years, and executed a massive reinvigoration

COLES INVESTMENT PUB ON OFFER BY HPI

Australia’s most dynamic pub real estate investment trust is offloading one of its prime Coles-tenanted assets while the investor market runs hot. Hotel Property Investments (HPI) is the ASX-listed REIT (Real Estate Investment Trust) that was spun out of the

MARKET SEES MELBA’S ON THE MARK

A Sydney publican is divesting his booming Surfer’s Paradise pub, as Queensland hotel assets greet a thirsty 2016 market. George Fleming has owned Melba’s on the Park for a number of years, and following its massive reinvigoration has determined to