Redcape Hotel Group

WAUGH PICKS UP REDCAPE’S MINSKYS

Posted on May 13th, 2022 by Clyde Mooney
Redcape has divested its lower north shore party venue Minskys Hotel to a partnership between Mitchell Waugh and the Karellas family. Situated on major thoroughfare Military Road in Cremorne Plaza, the freehold going concern Hotel offers bar areas, with 24-hour

REDCAPE SERVES STRONG HALF-YEAR RESULTS

Posted on February 21st, 2020 by Clyde Mooney
Redcape has released its results for the first half of the financial year, boding well for its growth prospects and for the broader industry. Redcape Hotel Group Management (RHGM), responsible entity for the Redcape Hotel Group (ASX:RDC) portfolio, reported a

REDCAPE’S $51m ‘SWAP’ WITH SLEIMAN

Posted on December 16th, 2019 by Clyde Mooney
Redcape ends a record-setting year in pub real estate with a bang, acquiring Hurstville’s Kings Head Tavern while divesting its Royal Hotel Granville for $51 million to the same party.  The ASX-listed Redcape Hotel Group (ASX: RDC) today announced a

REDCAPE PARTS WITH TOP50 ST GEORGE

Posted on November 1st, 2019 by Clyde Mooney
Hotelier couple Michael Wiggins and Joanne Cassar have exchanged contracts to purchase Redcape’s Top50 south Sydney venue, the St George Hotel. Built 1893 by one Aaron Brown, the two-storey St George Hotel casts an imposing figure on Canterbury Road in

FIRST RESULTS FOR ASX-LISTED REDCAPE

Posted on February 20th, 2019 by Clyde Mooney
Redcape has announced its first results since its listing in November, showing strong outcomes on the back of a string of acquisitions. Redcape Hotel Group Management Ltd – responsible entity for publicly listed Redcape Hotel Group (ASX:RDC) – announced results

REDCAPE GRANTING STAFF SHARES IN LISTING

Posted on November 16th, 2018 by Clyde Mooney
Ahead of its pending listing on the Australian stock exchange, Redcape is issuing shares to employees. High-profile pub operator Redcape Hotel Group (RHG) successfully completed its pre-IPO book-build earlier this month, which saw new and existing investors sign on for

REDCAPE ASX-BOUND AFTER FUND RAISING

Posted on November 2nd, 2018 by Clyde Mooney
The long-awaited IPO of Redcape Hotel Group seems destined to hit the trading floor 30 November, after success securing pre-launch commitments “well in excess” of the minimum funding required. ASX-listed investment bank Moelis Australia announced a fundraising roadshow in October

REDCAPE ‘STRATEGY’ DIVESTS DOONSIDE HOTEL

Posted on May 11th, 2018 by Clyde Mooney
Redcape has bucked recent trends and sold its suburban heartland pub, the Doonside Hotel. The Doonside occupies a big 7,278sqm town centre site in the western Sydney suburb, around 50 kilometres out of the Sydney CBD. Features include public and

MOELIS GROW REDCAPE WITH 3 BUYS FOR $100m

Posted on November 17th, 2017 by Clyde Mooney
This week Moelis – new owner of Redcape Hotel Group – announced nearly $100 million in acquisitions into the portfolio ahead of a big capital raising and its potential re-listing. Redcape Hotel Group (RHG) already operates top gaming pub the

REDCAPE VESTIGES IN $24m ALL SEASONS SALE

Posted on August 11th, 2017 by Clyde Mooney
Redcape has completed the sale of its very large-format All Seasons Quality Hotel in Bendigo for around $24 million, completing a process begun before Moelis bought the balance of the portfolio in June. Occupying 3.56 hectares on McIvor Highway in