Ray White

RIVERSDALE’S KINSELAS – SALE WITH UNIVERSAL APPEAL

Posted on May 22nd, 2017 by Clyde Mooney
The Kospetas family’s Universal Hotels has secured Riversdale’s iconic Kinselas Hotel, stepping up its strategy around embedding modern hospitality in historic settings. Rumours the three-level landmark at Oxford Street’s Taylor Square was on the market began late last year, even

OUTBACK ICON ON MARKET FOR LAID-BACK $1.2m

Posted on February 27th, 2017 by Clyde Mooney
One of the outback’s famous curiosity pubs – just 17 hours north of Adelaide – has hit the market, with an asking price of $1.2 million. The Mungerannie Hotel is the stuff of legends, comprising a pub, dining room, accommodation,

WAUGH RETURNS, BUYING RIVERSDALE’S TOXTETH

Posted on February 24th, 2017 by Clyde Mooney
As Marly bar is poised expectantly on the market, Riversdale has sold another off-market, with Mitchell Waugh’s Public House Management Group snatching Mitch’s first love, Glebe’s The Toxteth. Australian Pub Fund (APF) was formed by investors and business celebrities John

CROWN TOPS OFF LANTERN SELL-OFF

Posted on February 13th, 2017 by Clyde Mooney
The feeding frenzy of Lantern’s pub sell-down has ended with the sale of the Crown Hotel to Damian Kelly’s Peak Investments for $26.1 million. The ASX-listed Lantern Hotel Group (LTN) has executed a well-publicised and highly strategic divestment program of

LANTERN JUMPS TO CONCLUSION WITH GENERAL SALE

Posted on February 10th, 2017 by Clyde Mooney
Preceding its final sale campaign announcement, Lantern has revealed divestment of the last asset in its portfolio, Sydenham’s General Gordon Hotel, for a super-premium $18.1 million. The General has bypassed a public sale process and been bought by an unnamed

SINGO AND DIXON’S MARLBOROUGH HOTEL SALE NOW CONFIRMED

Posted on February 8th, 2017 by Clyde Mooney
Making the most of a booming market, Singleton, Dixon and Carnegie’s Australian Pub Fund and Riversdale have officially listed the large-format Marlborough Hotel. Maintaining their M.O. of business mixed with flare and media management, the high-flying names behind the Australian

LANTERN’S CROWN HERALDS END IS NIGH

Posted on January 23rd, 2017 by Clyde Mooney
Continuing its run of blockbuster sales capping 2016, Lantern Hotel Group has listed its second-last, landmark Surry Hills corner pub, the Crown Hotel. The ASX-listed Lantern has all but completed the strategic sell-off of its entire pub portfolio, executing a

IRIS GROUP BACKS IT UP WITH GASLIGHT BUY

Posted on December 5th, 2016 by Clyde Mooney
Consolidating a footprint in Darlinghurst, Sam Arnaout’s Iris Group has secured the freehold going concern of the quirky Gaslight Hotel – immediately behind the recently acquired Colombian. The four-level Gaslight fronts Crown Street on the corner of Little Oxford St,

BIG PRICE FOR BIG ACREAGE ACACIA RIDGE

Posted on November 30th, 2016 by Clyde Mooney
Another Sydney buyer has bought the very large-format Acacia Ridge Hotel for a top-tier sum from Sydney-based Peter Calligeros and partner Steve Farley. Billed as one of Queensland’s biggest hotels, the Acacia occupies 18,450 m² with development potential, on busy