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Hunters Hill and Tiger Bar pubs sold for $65 million

People & Companies / Latest News

Australia

Jun 24 2017

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Stephen Crafti, The Sydney Morning Herald

In the biggest pub sale this year, Iris Capital and Gallagher Hotel Management have bought two key Sydney hotels with a combined value of $65 million, to expand their footprint in the hot pub sector.

Investors are selling out to food and beverage operators who are shifting pubs away from relying on gaming and poor food, to be a destination with a signature chef.

Go to The Sydney Morning Herald and read the full story.

SOURCE: The Sydney Morning Herald

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