UNIVERSAL SWAPS NEWTOWN FOR LORD BOB

Universal Hotels has exchanged its thumping Newtown Hotel for the iconic Lord Roberts in Darlinghurst, in a deal valued at around $20 million. The Newtown Hotel resides on a high exposure 700+sqm corner of the bustling King Street retail and

NEW UNIVERSAL SEES NEWTOWN TO MARKET

Continuing its portfolio shake-up, Universal Hotels is selling the Newtown Hotel in Sydney’s inner west, meeting the surging market for high cashflow operations. Well located at the gateway to the famed and vibrant King Street retail and entertainment strip, the

UNIVERSAL SNAP UP NEWTOWN AS CLG EXITS

The Kospetas family’s Universal Hotels has jumped at the opportunity of another large-format Sydney operation, taking the keys to the Newtown Hotel from Chris Morris’ Colonial Leisure Group The three-level Newtown, on King Street, is a local institution, catering to

CLG BUSY IN NEWTOWN AND ANOTHER NEW TOWN

Colonial Leisure Group has unveiled the first stages of plans for its first NSW pub – the newly-acquired Newtown Hotel. After purchasing the popular inner-west venue in February, Colonial Leisure Group (CLG) took possession in April and has moved to

KEYSTONE TO OFFLOAD CARGO IN CHANGE OF TACK

Keystone continues its directional shift, with the listing of the iconic Cargo Bar in Darling Harbour. Following unsolicited approaches for the Newtown Hotel, Cargo Bar and its sister venue Bungalow 8, The Keystone Group (TKSG) underwent a strategic review that

KEYSTONE SELLS FIRST NSW HOTEL TO MORRIS’ COLONIAL LEISURE

Chris Morris’ Colonial Leisure Group has made its much-anticipated entry into NSW, grabbing Keystone’s Newtown Hotel amid a “natural evolution” of the pub market. Reshuffling its portfolio in recent years, Colonial Leisure Group (CLG) has sold a number of pubs,