KKR-backed Australian Venue acquires $141m hotel portfolio from Coles

KKR-backed Australian Venue acquires $141m hotel portfolio from Coles

Photo: Australian Venue Co (AVC)

Australian Venue Co (AVC), which manages a portfolio of restaurants, bars and dedicated event spaces, has entered into an agreement to acquire Coles Group’s Spirits hotel business in an A$200 million ($141 million) deal.

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