LTN

LANTERN EXITS SUNSHINE STATE

Posted on June 17th, 2016 by Clyde Mooney
ASX-listed Lantern Hotel Group reports it is on track to turn around, now listing its final Queensland pub as per its strategic divestment of non-core assets. Last week it put to market its freehold interest of Cairns’ iconic Courthouse Hotel,

LANTERN GOES TO COURTHOUSE SALE

Posted on June 8th, 2016 by Clyde Mooney
ASX-listed Lantern Hotel Group has put to market yet another pub asset, as it restructures its portfolio to focus on core business in the Sydney metro. The Cairns’ Courthouse Hotel is an “institution” in the north Queensland regional city, being

LANTERN OFFERS BEAUMONT EXCHANGE HOTEL TO MARKET

Posted on May 20th, 2016 by Clyde Mooney
On the back of recent successful divestment campaigns, Lantern Hotel Group has put to market the Beaumont Exchange Hotel, in Hamilton. The ASX-listed Lantern (LTN) has enjoyed a number of hotel sales significantly above book value, and in continuation of

LANTERN BOASTS MORE PREMIUM PUB SALES AMID TURN-AROUND

Posted on May 18th, 2016 by Clyde Mooney
ASX-listed Lantern Hotel Group is forging ahead with its turnaround, announcing the sale of further assets, particularly the landmark Bowral Hotel for $6.35 million. Following a shareholder vote to oust the existing Lantern (LTN) board mid-2015, the newly-appointed Chairman John

LANTERN’S EL TORO SALE SCANDAL: LAZARUS DEFENDS

Posted on July 20th, 2015 by Clyde Mooney
The sale of El Toro Motor Inn by Lantern may not proceed, as stakeholders protest the “surprise” sale of the asset, but the buyer tells a different story. Last Friday the soon-to-be-gone board of Lantern Hotel Group (ASX: LTN) announced

LANTERN OFFLOADS FLAILING TOP-100 GAMING PUB

Posted on July 17th, 2015 by Clyde Mooney
The shake-up of listed Lantern Hotel Group continues, with the surprise sale of its top asset to publican Andrew Lazarus for $24 million. Warwick Farm’s El Toro Motor Inn sits on a 1.4 Ha block, and has long been a