REDCAPE BOLSTERS COASTAL PORTFOLIO WITH CAVES BEACH

Redcape Hotel Group has gone coastal, acquiring Caves Coastal Bar & Bungalows in Lake Macquarie from the Gravanis brothers’ Oscars Hotels. Caves Beach Hotel resides on nearly a full hectare of unobstructed oceanfront in the popular and growing seaside precinct,

SUPREME COURT FINDS FOR MA FINANCIAL

The NSW Supreme Court has ruled Mark Toma, owner of pub-developer Virtical, to complete the troubled $61 million Taylor Square deal and pay costs to the vendor, MA Financial. The unlisted MA Taylor Square Fund acquired the prominent Courthouse Hotel