Harvest Hotels Acquires Jerrabomberra Hotel for $25 Million | The Queanbeyan Age
Harvest Hotels purchases Jerrabomberra Hotel in Queanbeyan for $25 million. Learn about the acquisition and plans for this iconic pub.
Stay updated with breaking news from Chris Cornforth. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Harvest Hotels purchases Jerrabomberra Hotel in Queanbeyan for $25 million. Learn about the acquisition and plans for this iconic pub.
Prospective backers are being told to think of a liquidity event within 36 months, and circa 19 per cent IRR to exit.
It’s back to the future for pub investment outfit Harvest Hotels, which has re-opened a three year old fund to help settle its tab on Windsor Castle Hotel in NSW’s Hunter Valley.
The regions are leading recovery in the pub and hotel sectors fuelled by domestic demand and infrastructure spending, industry insiders say.
The sale of four suburban Adelaide pubs included the Emu Hotel at Morphett Vale, which Charter Hall and Endeavour Group acquired for $32 million.