Pub

LAUNDY DOUBTFUL OF REDCAPE PURCHASE

Posted on September 21st, 2016 by Clyde Mooney
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

LOCKOUT REVIEW PART II GAINS TRACTION

Posted on September 21st, 2016 by Clyde Mooney
Just eight days since the ill-fated ‘review’ into Sydney’s lockout trade restrictions, plans for ‘Phase 2’ of the solution are gaining momentum. In accordance with the Liquor Act, Government is compelled to allow for a “flexible and practical regulatory system”

COLES LANDLORD HPI SELLS

Posted on September 21st, 2016 by Clyde Mooney
Listed landlord to ALH and Coles pubs HPI has divested the Payneham Tavern to an unnamed Sydney investor. The Payneham Tavern and Liquorland drive-thru bottleshop are tenanted by Coles on a 20-year lease plus two ten-year options, with built-in annual

COMMODORE SETS SALE AS LANTERN PLOTS COURSE FOR EXIT

Posted on September 19th, 2016 by Clyde Mooney
The compelling Lantern Hotel Group has put to market one of its final non-core hotels, as it asks shareholders to ponder selling up the lot. The 150-year-old Commodore Hotel – originally the First Old Commodore, and rumoured favourite haunt of

MP IN SPOTLIGHT FOR BOOZY PUB INCIDENT

Posted on September 19th, 2016 by Clyde Mooney
A Queensland MP and her husband are in hot water over an alleged alcohol-fuelled incident at a pub in her electorate. Saturday 10 September, Brittany Lauga – first-term MP for the seat of Keppel – and her husband, Wayne, were

KEGSTAR ON A WIN-WIN TAPPING THAT ASSET

Posted on September 19th, 2016 by Clyde Mooney
Approaching four years in business, Kegstar is gradually streamlining the world of draught – not just craft – beer in Australia and now overseas. Kegstar was the brainchild of Adam Trippe-Smith – one of the original founders of the award-winning

UPDATE: LONDON HOTEL FAILS HERITAGE APPLICATION

Posted on September 19th, 2016 by Clyde Mooney
[caption id="attachment_6178" align="alignright" width="374"] London Hotel, Port Melbourne. Image courtesy State Library of Victoria[/caption] A 139-year-old pub in Port Melbourne has lost another battle in the attempt to save it from the wrecking ball. Plans by the freehold owner, a

IRIS GROUP PICK UP THE COLOMBIAN

Posted on September 16th, 2016 by Clyde Mooney
Sam Arnaout’s Iris Capital has bought former Westpac Bank now Oxford Street landmark The Colombian Hotel for an undisclosed sum. The three-level building on the prominent corner of Oxford and Crown Streets in Darlinghurst is an institution of the Oxford

MASSIVE RALLY PLANNED TO KEEP SYDNEY OPEN

Posted on September 16th, 2016 by Clyde Mooney
Following Tuesday’s release of the much-anticipated Callinan Review, Sydneysiders are coming together in a massive rally 9 October to demand government Keep Sydney Open. In February, as the Review into Sydney’s ‘lockout’ licensing laws geared up, over 15,000 people gathered

POPULAR ST KILDA CORNER PUB TO MARKET

Posted on September 16th, 2016 by Clyde Mooney
St Kilda’s popular Elephant & Wheelbarrow has come to market, as long-term owners take the opportunity to concentrate on other pubs. [caption id="attachment_7268" align="alignright" width="371"] Elephant & Wheelbarrow[/caption] Located near the St Kilda foreshore, the Elephant & Wheelbarrow is a