One of Sydney's most popular city pubs, The Republic Hotel opposite the Australian Stock Exchange, has been sold off market for about $35 million. The four-level pub on the corner of Pitt and Bridge streets was acquired by an Asian-based international property fund in a sale and leaseback deal with the Ryan family who operate a number of top venues including Ryan's Bar at Australia Square and the Orient Hotel at The Rocks.
Written by Larry Schlesinger & Su-Lin Tan
http://www.afr.com/real-estate/commercial/hotels-and-leisure/sydneys-republic-hotel-sold-to-asiabased-fund-for-35-million-20171019-gz4eqt?
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