AVC SNAPS UP GERRY RYAN’S PRINCE

Australian Venue Co has confirmed it has signed a sale agreement for the acquisition of Melbourne Pub Group’s The Prince of St Kilda. The Prince of Wales was built in 1862, as a two-storey residential hotel. In 1937 it was rebuilt in the Art

NEWMARKET SALE OPENS DOOR TO MELBOURNE MARKET

Just two months after the leasehold business was sold to the booming Dixon Hospitality, Gerry Ryan’s Melbourne pub group is offloading the Newmarket Hotel freehold. Situated on a generous 1,000 m² block in bustling St Kilda, the hotel underwent an

Chinese Pub Li City buys $45 million Prince of Wales Hotel

[caption id="attachment_781" align="alignright" width="355"] Prince of Wales Hotel[/caption] Pub Li City P/L has reportedly purchased one of Melbourne’s finest hotels for $45 million. 27-year-old Chinese developer Jiyuan “Louis” Li is the sold director and principle shareholder in Pub Li City