Redcape

REDCAPE’S AUSTRALIAN BREWERY TOPS ARTISAN ALES WITH GELATO

Posted on December 9th, 2019 by Clyde Mooney
Australian Brewery at Rouse Hill has released an artisanal collaboration with dessert doyens Messina to produce the never-seen-before Gelato Ale. The Australian Brewery was built and nurtured by the Colosimo family, until md-2018 when the Hotel and brewery operation was

MOELIS EYES BYRON BAY’S BEACH HOTEL FOR $100m+

Posted on November 18th, 2019 by Clyde Mooney
Financial services giant Moelis Australia has secured an exclusivity agreement for potential purchase of the iconic Beach Hotel at Byron Bay for a record-setting price of “above $100 million”. The Beach, known locally as the ‘Top Pub’, began life in

HEDLEY LEAPS TALL IN FAR NORTH

Posted on November 8th, 2019 by Clyde Mooney
Former pub game high-flyer Tom Hedley is working his way back to prominence, cornering the market in the north Queensland precinct of Gordonvale, south of Cairns. After years building a sizeable empire, Hedley sold his Hedley Hotel Group to Coles

REDCAPE’S CABRAMATTA REVEALED

Posted on October 28th, 2019 by Clyde Mooney
Redcape Hotel Group has made good on aspirational plans at its top-performing Cabramatta Hotel with a multi-million-dollar renovation and community tilt. In late 2017 RHG negotiated a deal with landlords the Bowden family for the $45 million purchase of the

REDCAPE: FIRST YEAR RESULTS & OPPORTUNITIES

Posted on August 30th, 2019 by Clyde Mooney
This week the listed Redcape Hotel Group (ASX: RDC) announced its full-year distributable earnings for FY19, with returns and opportunities mirroring upside in the broader hotel industry. RDC’s earnings were in line with its PDS guidance, largely driven by portfolio

REDCAPE SNAPS UP PIG N’ WHISTLE LEASE

Posted on August 2nd, 2019 by Clyde Mooney
The newly-llisted Redcape has snapped up the lease on Mantle Group’s Pig N’ Whistle operation at Redbank Plains for $11.5 million. Redbank Plains’ Pig N’ Whistle is one of five locations in a chain under Mantle Group Hospitality (MGH), along

MANTLE EYES IPO FOR EXPANSIVE GROUP

Posted on January 16th, 2019 by Clyde Mooney
Hot on the heels of Redcape’s long-awaited IPO, Queensland pub king Godfrey Mantle has divulged plans toward floating his Mantle Group portfolio mid-2019. Mantle owns a string of successful Queensland operations, including five Pig 'n' Whistle pubs, one of which

REDCAPE SECURE BIG SOUTH COAST TRIO

Posted on October 17th, 2018 by Clyde Mooney
Redcape is three steps closer to its mooted IPO with the big-ticket acquisition of Joel Fisher and Andrew Denmeade’s trio of pubs south of Sydney. Denfish Hotels is a long-term partnership of Denmeade and Fisher that has bought, built and

IPO IN THE WORKS FOR FLYING REDCAPE

Posted on October 12th, 2018 by Clyde Mooney
After years of speculation and a change of ownership, Redcape has begun steps toward an Initial Public Offering in December. The prominent pub group was acquired mid-2017 by Moelis Australia after several rumoured divestment considerations by its former owners, US

REDCAPE SELL BELROSE BACK TO THE BAYFIELDS

Posted on August 1st, 2018 by Clyde Mooney
Redcape has continued its portfolio reshuffle, selling the big Belrose Hotel back to the Bayfields. A classic suburban pub in the heartland of the northern beaches peninsula, the Belrose Hotel has seen generations of locals passing time on its generous