REDCAPE BOLSTERS COASTAL PORTFOLIO WITH CAVES BEACH

Redcape Hotel Group has gone coastal, acquiring Caves Coastal Bar & Bungalows in Lake Macquarie from the Gravanis brothers’ Oscars Hotels. Caves Beach Hotel resides on nearly a full hectare of unobstructed oceanfront in the popular and growing seaside precinct,

TWO TOWNSVILLE SALES AND AN EXIT FOR REDCAPE

Redcape has further tweaked the portfolio, divesting two pubs in Townsville to the Queensland-based Falvey family as its rolls capital into upgrades and acquisitions where it sees its opportunity. The MA Financial hospitality fund has parted with the Hermit Park

REDCAPE AND IRIS’ STRATEGIC SWAP

MA Financial’s Redcape Hotel Group has executed a major portfolio swap deal with Iris Capital, seeing Sydney assets exchanged for a clutch of pubs to the north and a cash settlement. Iris is offloading six established Hunter Region hotels, comprising

REDCAPE COLLECTS THE ARTHOUSE

Ben McBeath’s colourful Arthouse Hotel operation in the Sydney CBD has been sold to MA Financial Group’s Redcape Hospitality. The handsome two-storey sandstone former gallery, set prominently in The Galleries retail precinct on Pitt Street, was redeveloped as a hospitality

REDCAPE HITS HARBOURSIDE IN THE FRISCO HOTEL

MA Financial’s Redcape has bought ornate, harbourside veteran the Frisco Hotel in Woolloomooloo from Queensland-based Sun Group. The iconic, heritage-listed Frisco occupies a neat 304sqm corner lot in Sydney’s historic wharf district. It was built in 1856, largely to serve

OSCARS TAKE REDCAPE’S SOUTH TERRACE IN BANKSTOWN

Redcape Hospitality has shuffled the portfolio again, selling the South Terrace Hotel in Bankstown to Oscars Group in another major NSW transaction. Redcape, under MA Financial’s MA Hotel Management, has been making moves in south-east Queensland, after recycling capital from

REDCAPE SCOOPS UP BRISBANE’S HISTORIC PLOUGH INN

Redcape has announced more new ground in south-east Queensland, taking the deeds of Brisbane landmark the Plough Inn. An historic, heritage-listed pub on the bank of the Brisbane River, The Plough was established in 1864. The title was held by

REDCAPE LOOKS SKYWARD THROUGH ORION

Redcape has announced another big step in its expansion plans, with acquisition of the Orion Hotel in Springfield for around $30 million and another capital raise to fund further ambition. The Orion Hotel is within the Orion Springfield Central shopping

REDCAPE PASSES BEACHY BATON

Byron Bay’s ‘Top Pub’ the Beach Hotel has been sold by Moelis Hospitality to stakeholders the Didier family, in one of the largest pub sales in Australian history. The landmark pub was built in the 90s by Paul Hogan’s off-sider