REDCAPE LOOKS SKYWARD THROUGH ORION

Redcape has announced another big step in its expansion plans, with acquisition of the Orion Hotel in Springfield for around $30 million and another capital raise to fund further ambition. The Orion Hotel is within the Orion Springfield Central shopping

REDCAPE PASSES BEACHY BATON

Byron Bay’s ‘Top Pub’ the Beach Hotel has been sold by Moelis Hospitality to stakeholders the Didier family, in one of the largest pub sales in Australian history. The landmark pub was built in the 90s by Paul Hogan’s off-sider

THREE BLUE DUCKS JOIN REDCAPE IN THE NORTHERN RIVERS

Redcape is spicing up Brunswick Heads, announcing a new collaboration with dining doyens Three Blue Ducks at Hotel Brunswick in northern NSW. (L-R) Andy Allen (Three Blue Ducks), head chef Loki Lynch, Darren Robertson and Sam Morton (Three Blue Ducks),

MA BACK OUT OF TAYLOR SQUARE

Property developer Virtical has stepped up its hospitality footprint, exchanging contracts with MA Financial to acquire the high-profile Kinselas and Courthouse hotels, in Taylor Square. In November 2020, the unlisted MA Taylor Square Fund acquired the prominent Courthouse Hotel on

MOELIS CAPS 21 WITH A BANG IN BYRON’S HOTEL BRUNSWICK

Moelis Australia Hotel Management has book-ended the big buys of Byron, paying $68 million for Delvene Cornell and David Gyngell’s Hotel Brunswick of Brunswick Heads. The Hotel Brunswick is an icon of northern NSW, 20 minutes north of Byron Bay,

REDCAPE ‘STRATEGY’ DIVESTS DOONSIDE HOTEL

Redcape has bucked recent trends and sold its suburban heartland pub, the Doonside Hotel. The Doonside occupies a big 7,278sqm town centre site in the western Sydney suburb, around 50 kilometres out of the Sydney CBD. Features include public and

MOELIS GROW REDCAPE WITH 3 BUYS FOR $100m

This week Moelis – new owner of Redcape Hotel Group – announced nearly $100 million in acquisitions into the portfolio ahead of a big capital raising and its potential re-listing. Redcape Hotel Group (RHG) already operates top gaming pub the

MOELIS MAY FINALLY MEET THE MARK FOR REDCAPE BUY

In a crescendo years in the making, investment bank Moelis is believed to have secured an SIV fund purchase of the lucrative Redcape portfolio for circa $700 million. The AFR reports Moelis has broken with a proposed partnership with publican

LAUNDY DOUBTFUL OF REDCAPE PURCHASE

Pub giant and active transactor Arthur Laundy has quashed rumours he is close to buying the $700 million Redcape portfolio. As the Australian pub industry waits with bated breath the fate of the New York hedge-fund-owned collection of big-performance gaming