Ray White

FIVE DOCK HOTEL HARVEST REAPED

Posted on November 21st, 2016 by Clyde Mooney
Lantern has sold its best yet to former Wallaby Bill Young, in a swift campaign fetching another big premium at nearly $29 million. Coming to market less than two weeks ago, the ASX-listed Lantern (LTN) has announced the sale of

AUSWILDS TO DIVEST UPSIDE FIGTREE HOTEL

Posted on November 14th, 2016 by Clyde Mooney
As investor attentions continue in high-performing regional landmarks, the Auswild family is divesting its long-held Figtree Hotel, managed by the Waugh Group. Siblings Barbara and James Auswild own pubs including the Rose Bay and Wollongong’s big Figtree. The large-format pub

FIVE DOCK HITS MARKET AS LANTERN DOWN TO FOUR

Posted on November 11th, 2016 by Clyde Mooney
Hot on the heels of highly profitable divestments, Lantern has listed its best pub onto the opportunity-starved market. After 12 months of shedding assets, in pursuit of a turnaround strategy that has transformed into a complete sell-down as market frenzy

FEROS TO ROLL AUCTION DICE WITH PRIMED TENNYSON

Posted on November 4th, 2016 by Clyde Mooney
John Feros’ JDA Hotels has been tempted to market with its newly-acquired top-100 Tennyson Hotel. Just 14 months after snapping up the asset for around $27 million, JDA has re-listed the Tennyson with high expectations for a hot market especially

‘CLOEY’ HOTEL TO TEST WATERS IN TIME FOR SUMMER

Posted on October 24th, 2016 by Clyde Mooney
The sky is the limit as Eastern Suburbs pub royalty comes to market, with Iris testing the waters for its beachside beauty, the Clovelly Hotel. Sam Arnaout’s Iris Capital acquired the Hotel in 2008 and in 2012 performed a major

WAUGHS LIST BIG-SYDNEY FORBES WITH PLANS

Posted on October 21st, 2016 by Clyde Mooney
The five-level Forbes Hotel on York Street has come to market looking to be the next entertainment and dining hot-spot in the heart of Sydney’s CBD. It was until late 2014 under lease to Iris Group, before Waugh Hotels took

CAMPION WINS RACE TO LANTERN’S COMMODORE

Posted on October 19th, 2016 by Clyde Mooney
Lane Cove stalwart Graham Campion has emerged as the big-ticket buyer of Lantern’s Commodore Hotel, picking up his coveted second pub for a cool $14.5m. Listed pub group Lantern (ASX: LTN) put the McMahon’s Point beauty up for grabs last

CALLIGEROS & CO. TO SELL TOP-10 ACACIA RIDGE HOTEL

Posted on October 5th, 2016 by Clyde Mooney
Peter Calligeros and Stephen Farley are releasing the massive Acacia Ridge Hotel to a hot Sunshine State market. After landing the trophy asset in mid-2014, business partners Calligeros and Farley have executed a calculated makeover and refresh of the business

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

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