The HTL Property report '365 Days Later - a Year in Review' was recently released.

The report detailed HTL Property's market share and overveiws for the Australian East Coast, Sydney Metro, NSW regional/coastal and QLD markets.

Click here to download the HTL Property report "365 Days Later - a Year in Review"

"The Australian pub sector has experienced another solid year over the last 12 months, with favourable economic conditions marginally counterbalanced by uncertainty caused primarily by the financial services Royal Commission and the Federal Election. Transaction volume across the Eastern seaboard reached $1.2b+* with a total of 88 transactions registered," says HTL.

"Activity in NSW regional and coastal markets appears to be driven largely by the continued consolidation of stock in the Metropolitan market place. With Purchasers now electing to look further afield in search of value for money opportunities, necessitating them to seek assets in locations they might not have historically considered."

"With a large portion of the Coles hotel assets located in Queensland, and with legislation only enabling the sale of off premise liquor through the ownership of a Commercial Hotel Licence, any such deal was going to be strictly scrutinised by the Regulator," says HTL.

"In March 2018, the NSW Parliament passed a raft of amendments to the Gaming Machines Act 2001. The changes followed a Liquor & Gaming NSW review of the Local Impact Assessment (LIA) scheme, which assesses the impact of introducing additional gaming machines into a local community."

Click here to download the HTL Property report "365 Days Later - a Year in Review"

For more information about the HTL 365 Days Later - a Year in Review report phone or email Andrew Jolliffe or Dan Dragicevich via the contact details below.

Source: HTL Property 

See Also:

Newcastle pubs the Belmont Hotel and Salamander Tavern sold for $20m by HTL Property

Sydney pub The Duke of Gloucester 'Dog' Hotel for sale - HTL Property

The Bells Hotel Sydney Woolloomooloo sold to Arthur Laundy prior to Auction this week