Redcape

REDCAPE BUY INTO BREWING WITH COLOSIMO’S ROUSE HILL FLAGSHIP

Posted on July 11th, 2018 by Clyde Mooney
Redcape has announced its acquisition of the Colosimos’ Australian Hotel and Brewery for around $50 million, heralding the group’s plans to invest in the “craft and localised beer market”. Marcello Colosimo and family opened the large-format Australian Hotel and Brewery

BAM OFFLOADS BIG GAMER VAUXHALL INN TO REDCAPE

Posted on July 9th, 2018 by Clyde Mooney
Redcape has let loose the chequebook again, acquiring Bondi Asset Management’s Vauxhall Inn for around $40 million. Bondi Asset Management (BAM) was formed in 2015, counting Sydney hotelier Andrew Lazarus and former Citibank director Stuart King as stakeholders. BAM kicked

REDCAPE’S $25m RETURN FLIGHT TO WATTLE GROVE

Posted on February 21st, 2018 by Clyde Mooney
Australia’s most prominent gaming group has taken another step toward IPO aspirations with a return to Wattle Grove and acquisition from the Malouf family. In 2010 Hedley Leisure – the ancestral base of Redcape Hotel Group – sold the western

PUBS DOWN OVER $150k DUE TO FRAUD

Posted on January 15th, 2018 by Clyde Mooney
Two men have been charged over fraud offences committed on hotels, with losses totalling more than $150,000. In May 2016, 33-year-old Francesco Donato Giannone went on a gambling spree, visiting three pubs in Mount Gambier. At his recent hearing, the

MYSTERY MILLIONAIRE AT REDCAPE’S WATTLE HOTEL

Posted on July 26th, 2017 by Clyde Mooney
Redcape’s family-centric Wattle Hotel has been buzzing with the news of an unclaimed million-dollar Keno win. The Wattle, in Upper Coomera, just north of the Gold Coast, prides itself on being the “heart of Coomera” and offering “something for mum,

REDCAPE OFFLOAD LIVINGSTONE HOTEL TO OSCARS

Posted on June 28th, 2017 by Clyde Mooney
As Redcape’s destiny continues to be the subject of speculation, the Group has quietly sold one of its inner western Sydney pubs to the Gravanis brothers’ diverse and acquisitive Oscars Hotels. Located on the corner of New Canterbury and Livingstone

UPDATE: REDCAPE WIN BATTLE FOR RED LANTERN

Posted on December 21st, 2016 by Clyde Mooney
Redcape Hotel Group has won its battle to build a new hotel – its third in the western Sydney suburb of Eastwood. Redcape (RHG) operates 28 pubs, including the top-performing Eastwood and Landmark Hotels, both in Eastwood. The new $7

LAUNDY DOUBTFUL OF REDCAPE PURCHASE

Posted on September 21st, 2016 by Clyde Mooney
Pub giant and active transactor Arthur Laundy has quashed rumours he is close to buying the $700 million Redcape portfolio. As the Australian pub industry waits with bated breath the fate of the New York hedge-fund-owned collection of big-performance gaming

THE FATE OF REDCAPE PROPERTY PAWN

Posted on July 11th, 2016 by Clyde Mooney
As rumours circle around the fate of one of Australia’s largest and most influential operators, the reality of investment capital in Aussie pubs stays the same. Redcape Hotel Group owns and operates 23 freehold going concerns, with a portfolio value

REDCAPE GOES TO COURT OVER NEW EASTWOOD HOTEL REJECTION

Posted on May 18th, 2016 by Clyde Mooney
Redcape Hotel Group and management of the Eastwood Hotel are taking Ryde Council to court over denied plans to build a new adjacent hotel. The Eastwood is a prominent corner landmark of the western Sydney suburb, and the Group submitted