Harvest Hotels snaps up Wagga pub
Wagga Wagga's prime-positioned CBD pub, The Vic, has been sold to Harvest Hotels for $29 million.
Source: financialstandard.com.au
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Real estate: Sydney restaurateur Bill Drakopoulos spends $15m on Central Coast pub
The acquisition of the Coast Hotel at Budgewoi by Sydney Restaurant Group follows the Laundys buying a pub at Woy Woy for $35 million in October.
Source: afr.com
Drink and be merry: the 10 blockbuster pub deals of 2021
A record $2 billion of pubs changed hands in 2021 as the sector rebounded, while Redcape and ALE departed the ASX and Justin Hemmes made his mark in Melbourne.
Source: afr.com
Property investment: Australian pubs shake off the shutdown blues
The end of lockdowns in NSW and Victoria is just another tailwind in the booming pub sector, whose long leases make it as attractive to investors as childcare centres
Source: afr.com
Historic regional NSW pub sells for $32m
Harvest Hotels, led by Sydney-based Chris Cornforth and Fraser Haughton, aims to raise $19 million to fund the acquisition of “The Old Pub” in Woy Woy.
Source: afr.com