Real Estate

TWO MORE PUBS FOR GROWING MELBOURNE PUBLICANS

Posted on August 24th, 2015 by Clyde Mooney
The burgeoning Dixon Hospitality Group (DHG) has swooped on two more Melbourne pubs as it continues to optimise its portfolio. The Middle Park Hotel is just a couple of kilometres due south of Melbourne’s CBD, and the Newmarket Hotel is

LALOR PARK JOINS LIST OF TOP GAMERS TO MARKET

Posted on August 21st, 2015 by Clyde Mooney
The winning run of top gaming pubs continues with another coveted freehold going concern coming to market. Situated on a large block in the fast-growing district of Blacktown, the Lalor Park Hotel is likely to become a top-100 gaming venue,

FEROS GRABS TOP GAMING PUB WITH D.A. UPSIDE

Posted on August 14th, 2015 by Clyde Mooney
Yet another of the State’s top gaming pubs has sold in another show of force for the pub and gaming industries. John Feros’ JDA Hotels has grabbed Mascot’s Tennyson Hotel for around $27 million as the national pub market continues

ROMANO’S HITS THE MARKET

Posted on August 14th, 2015 by Clyde Mooney
One of regional NSW’s best-loved pubs has come on the market, amid high market expectations. John Hussey is putting his Romano’s Hotel up for auction to concentrate on his businesses in his home State of Queensland. NSW’s largest inland city,

END OF AN ERA FOR MELBOURNE GASTRO PUB

Posted on August 12th, 2015 by Clyde Mooney
The acclaimed Terminus Hotel has come on the market as its long-term operator calls end to an “amazing journey”. Driving the Hotel since 2004, Russell Griggs says the Melbourne pub scene has changed dramatically in the past eleven years, and

MORE PROFITS PENDING FOR ALH’S LANDLORD

Posted on August 10th, 2015 by Clyde Mooney
The original ALH listed landlord tips a “positive” future amid higher profit distribution and continued “operating profitability” across much of its pub portfolio. ALE Property Group last week released its Annual Review, Annual Report and Property Compendium 2015, detailing finances

BIG WA HUB PUB UP FOR GRABS

Posted on August 10th, 2015 by Clyde Mooney
[caption id="attachment_3288" align="alignright" width="281"] Image: Google Maps[/caption] The heart of a regional hub in WA has hit the market, with the 200-room Newman Hotel likely to attract big interest for a small town. Around 1200 kilometres north of Perth, the

ALH GETS GREEN LIGHT ON BLUE MOUNTAIN HOTEL

Posted on August 5th, 2015 by Clyde Mooney
Australia’s biggest publican has won the right to invest in the future of Queensland hospitality, with a massive overhaul approved for its historic Toowoomba pub. After lodging an application for a ‘material change of use of premises and land’ in

LANTERN’S EL TORO SALE SCANDAL: LAZARUS DEFENDS

Posted on July 20th, 2015 by Clyde Mooney
The sale of El Toro Motor Inn by Lantern may not proceed, as stakeholders protest the “surprise” sale of the asset, but the buyer tells a different story. Last Friday the soon-to-be-gone board of Lantern Hotel Group (ASX: LTN) announced

LANTERN OFFLOADS FLAILING TOP-100 GAMING PUB

Posted on July 17th, 2015 by Clyde Mooney
The shake-up of listed Lantern Hotel Group continues, with the surprise sale of its top asset to publican Andrew Lazarus for $24 million. Warwick Farm’s El Toro Motor Inn sits on a 1.4 Ha block, and has long been a