Australian Venue Co makes a splash in WA with nine acquisitions
One of the nation's leading hospitality venue owner-operators is effectively doubling its footprint in the Western Australian market after reaching acquisition and asset swap agreements for nine properties in Perth.
Adding to its 180-plus properties nationwide including some of Australia's most iconic pubs, bars and event spaces, Australian Venue Co (AVC) had reached deals to buy seven venues from Ark Group and two in an asset swap with Colonial Leisure Group (CLG).
The company's portfolio will now include Scarborough Beach Bear, The Galway Hooker, The Peach Pit, Durty Nelly’s, Market Grounds, The Generous Squire, the Bassandean Hotel, the Raffles Hotel and The Royal.
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