Processing timeline
15
days
Acquirer(s)
REDCAPE HOTEL GROUP PTY LTD ABN - 43 139 067 244, MAHPT TT PTY LTD ABN - 31 619 297 657
Target(s) or Vendor(s)
BRUNSWICK HOTEL OPCO PTY LTD ABN - 99 656 116 853, The Trustee for Brunswick Hotel Sub-Trust ABN - 51 927 228 244, BRUNSWICK HOTEL TT PTY LTD ABN - 17 656 117 252
Other parties
None listed
MAHPT TT Pty Ltd and Redcape Hotel Group Pty Ltd, part of MA Financial Group's Redcape Fund, are acquiring the freehold land, buildings, licences, and business assets of Hotel Brunswick. This asset acquisition involves a community pub, food, beverage, entertainment venue, and bottle shop in Brunswick Heads, NSW.
MAHPT TT Pty Ltd (as trustee for Redcape Hotel Property Trust) and Redcape Hotel Group Pty Ltd (the Acquirers ) propose to acquire 100% of the freehold land interest, buildings, licences and business assets (both tangible and intangible) of Hotel Brunswick from Brunswick Hotel TT Pty Ltd as trustee for Brunswick Hotel Sub-Trust and Brunswick Hotel Opco Pty Ltd (the Acquisition ). Hotel Brunswick is a community, food, beverage and entertainment venue located in Brunswick Heads, New South Wales. It also operates a bottle shop. The Acquirers are part of MA Financial Group Limited’s (ASX:MAF) Redcape Fund, which owns and operates community pubs and hotels. The Redcape Fund portfolio currently has 34 hotels in New South Wales, Queensland and Victoria.