The De Angelis family has picked up the Macquarie Hotel in the heart of the Liverpool CBD for $43 million, representing a return to beginnings and the end of an era for Monarch and its powerful backers. De Angelis Hotels & Investments (DHI) holds a diverse portfolio of nearly a dozen Sydney pubs, including the […]
News of the sale of two massive inner western pubs has emerged to herald a strong start to the year, with the Lidcombe Hotel and Royal Exchange Hotel Marrickville fetching a combined $80+ million. The off-market sale of the Lidcombe was by Monarch Hotels, which last year was tempted to market with its Banksia Hotel
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