Redcape

NEW MOELIS PUB FUND BUYS IN BENDIGO FOR $55m

Posted on July 2nd, 2021 by Clyde Mooney
Moelis Australia has announced acquisition of Bendigo’s All Seasons Resort Hotel for $54.5 million, expanding into regional Victoria with a property previously sold by Redcape. MA Financial Group (ASX:MAF) reports it has exchanged contracts on the purchase, set on a

STRONG HALF-YEAR RESULTS FOR REDCAPE

Posted on February 17th, 2021 by Clyde Mooney
Listed pub entity Redcape Hotel Group (ASX:RDC) has announced strong financial results for the half-year ended 31 December 2020, and a return to “full growth strategy” backed by a strong balance sheet.  Highlights for 1H21 included an increase in statutory

REDCAPE TAKE TWO MORE AS DELAWARE BOWS OUT

Posted on December 9th, 2020 by Clyde Mooney
ASX-listed hotel giant Redcape has announced acquisition of both the Shafston Hotel at Kangaroo Point and Aspley Hotel in Aspley from Delaware North for $27.5 million. Delaware North is a US hospitality giant founded in 1915 that operates hundreds of

REDCAPE TEMPTS COOTES OUT OF THE GLADDY

Posted on November 20th, 2020 by Clyde Mooney
ASX-listed Redcape Hotel Group has acquired the freehold going concern of the Gladstone Hotel Dulwich Hill in one of the largest transactions of 2020. Redcape (ASX:RDC) advises it has exchanged contracts to acquire the Gladstone Hotel, which it says will

REBOUND REFLECTED IN REDCAPE Q1

Posted on September 23rd, 2020 by Clyde Mooney
ASX-listed Redcape has put forth a very positive result for the first quarter of FY21, citing quick adaptation to the changing landscape and stamping an upcoming distribution for security-holders. Redcape Hotel Group (ASX:RDC) announced its FY20 financial results on 19

REDCAPE FULL YEAR RESULTS BRING PERSPECTIVE TO PANDEMIC

Posted on August 19th, 2020 by Clyde Mooney
Redcape Hotel Group Management today announced full year FY20 results for Redcape Hotel Group (ASX:RDC), offering a solid perspective on the impact of COVID-19. RDC’s distributable earnings were on track for an increase of 22.1pc in the first eight months

REDCAPE TO REOPEN VENUES

Posted on May 27th, 2020 by Clyde Mooney
ASX-listed hotel operator Redcape has released announcement it will be reopening most of its 32 venues next week, with CEO Dan Brady discussing the need for special measures and plans to ensure the customer experience. In the three-minute video release

HOSPITALITY CRISIS: STAGE 2 RESTRICTIONS AND CORPORATE CHAOS

Posted on March 25th, 2020 by Clyde Mooney
Stage Two of the Federal Government’s restriction measures to reduce the spread of COVID-19 come into effect midnight (tonight) 25 March, as licensed venues scramble to find their place. The Stage Two measures see restrictions and closures of virtually all

MOELIS LANDS RECORD SALE AT BYRON

Posted on February 12th, 2020 by Clyde Mooney
Moelis Australia has announced finalisation of its record-breaking purchase of Byron Bay’s Beach Hotel, and its ongoing strategy for the gaming-free coastal icon. The Beach, aka the ‘Top Pub’, occupies a sprawling 4,585sqm site that counts 100 metres fronting Byron’s