Spirit Hotels

COLES BET ON POKIE REFORM WON’T COST ONE DOLLAR

Posted on February 22nd, 2017 by Clyde Mooney
Wesfarmers continues its rhetoric around poker machines, alluding to “other options” if it can’t get government or manufacturers to back its trial of $1 bet limits. Chief executive Richard Goyder told ABC's The Business Wesfarmers was pushing for poker machine

COLES CAUGHT IN $1 POKIES BET BLOOPER

Posted on December 21st, 2016 by Clyde Mooney
Wesfarmers’ subsidiary Coles has found itself the meat in a $1 sandwich, between anti-gaming advocates pushing consideration of poker machine reform and the realities of a complex industry. The Australian Financial Review (AFR) opened a hornet’s nest with news that

COLES LANDLORD HPI SELLS

Posted on September 21st, 2016 by Clyde Mooney
Listed landlord to ALH and Coles pubs HPI has divested the Payneham Tavern to an unnamed Sydney investor. The Payneham Tavern and Liquorland drive-thru bottleshop are tenanted by Coles on a 20-year lease plus two ten-year options, with built-in annual

COLES-TENANTED HOTEL AND BIG-BOX SELLS FOR $15m

Posted on June 3rd, 2016 by Clyde Mooney
The Coles-tenanted Redcliffe Tavern and adjoining 1st Choice freehold has sold to a private investor for $15 million. The 2,498 m² site, with frontage to both John Street and Anzac Avenue, Redcliffe, contains the freestanding tavern and big-box retail liquor

COLES PRIME FREEHOLD GOES TO MARKET IN NSW CENTRAL COAST

Posted on October 2nd, 2015 by Clyde Mooney
Continuing the trend of prime-tenanted freehold investment sales, one of Coles’ Spirit Hotels big trading pub and bottle shops is up for grabs. Located on the Pacific Highway between Gosford and Newcastle, the Northlakes Tavern was built by Coles on