1. Pub Real Estate ... a New Era
Analysing hundreds of buy and sell stories and fielding input and commentary from a dozen experts and sources, our major feature this edition takes in-depth look at the post-pandemic effects on the pub real estate market.
Part 1: Freehold Going Concerns (follows below)
Having now written just shy of 1,200 PubTIC articles on pub real estate I may like to think of myself as something of a seasoned veteran. But the forces at play in the current market are outside my historic experience, if not genuinely unprecedented.
Australia has – by good luck or good management – fared well from the global epidemic, and the freedom of lifestyle and cautiously optimistic outlook for the future has undoubtedly put a fire under the values of real estate. More than the country’s desirability to incoming investment capital, many of the rules of population shift have been rewritten in light of migration and technological changes mostly brought about due to the pandemic and shutdown.
It is this complex, shifting environment we seek to analyse, in hope of recognising some trends that might give more hoteliers a jump on their best opportunities going forward.
As always, constructive feedback is welcome.
PS: rumours persist (to our considerable amusement) that PubTIC is part-owned by one of its clients, and a prominent player in the real estate industry. As previously stipulated, this is incorrect and PubTIC (The Information Collective) remains 100% privately owned by its founding editor (me).
The Information Collective
Granville NSW 2142
This publication is published by The Information Collective Pty Ltd (the “Publisher”). The Publisher accepts no liability, to the extent permitted by law, for materials appearing in this publication supplied by outside parties. All material is protected by Australian intellectual property laws. Duplication of any part of the publication is prohibited without the written consent of the Publisher.
Reference to products or services in the publication does not amount to the Publisher’s endorsement. Views expressed in the publication do not necessarily represent those of the Publisher, its agents or employees. Use of the information contained within this publication is the sole risk of the person using the information. All terms, conditions, warranties, assurances, statements and representations in relation to the Publisher, its publications and its services, whether express or implied, are expressly excluded, save for those which must be implied under the laws of any State of Australia, or the provisions of Division 2 of Part V of the Trade Practices Act 1974 and any subsequent statutory modification or re-enactment thereof. The Publisher will not be liable, to the extent permitted by law, for any damages including special, exemplary, punitive or consequential (including but not limited to economic loss, or loss of profit, revenue or opportunity) or and indirect loss or damage, even if advised of the possibility of such loss of profits or damages. While every attempt is made to ensure accuracy, to the extent permitted by law, the Publisher excludes all liability for loss resulting from any inaccuracies or false or misleading statements that may appear in this publication.
Copyright © 2022 - The Information Collective Pty Ltd