trending Market Intelligence /marketintelligence/en/news-insights/trending/sSgo4sZuZMaMJ1oyI0n3lQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Redcape to acquire Pig 'N' Whistle Hotel for $11.5M

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform


Redcape to acquire Pig 'N' Whistle Hotel for $11.5M

Redcape Hotel Group on Aug. 1 said it agreed to acquire the Pig 'N' Whistle Hotel, a top-ranking gaming venue in Queensland, for $11.5 million.

Redcape will fund the deal from its existing debt facility.

The hotel operator said the move will increase the company's exposure to the region's strong projected growth. It expects the transaction to bring the number of its portfolio assets to 33.

"While our growth strategy is predominantly focused on freehold assets with alternate land optionality, we also have the appetite to pursue quality value accretive leasehold opportunities that meet our investment criteria and align with our objective of growing and diversifying our earnings," Redcape CEO Dan Brady said in a statement.