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Oscars Buys Bankstown Pub, HMC Snaps Up Shopping Center

Oscars Buys Bankstown Pub, HMC Snaps Up Shopping Center

Sydney News Today | 2 Min News | The Daily News Now! · The Daily News Now!

April 2, 20261m 47s

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Show Notes

Oscars Group acquires Bankstowns South Terrace Hotel for $54M, planning a major upgrade. Redcape Hospitality, now under MA Financial, sells to invest in southeast Queensland. Oscars also offloads five Tamworth pubs for $160M. Bankstown pubs high-rise zoning and sports bar draw crowds. HMC buys Caringbah shopping center for undisclosed amount, aiming for lease tweaks. Sydney Metro auctions Marrickville industrial land, Coronation Property starts build-to-rent precinct in Waterloo.

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