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Sydney Roosters chairman buys Brisbane’s Caxton Hotel for $50M, first sale in 30 years.
Sydney Roosters chairman Nick Politis has bought Brisbane’s historic Caxton Hotel for $50 million, marking its first sale in 30 years.
The venue, a longtime sports bar near Suncorp Stadium, draws large crowds during NRL and State of Origin matches.
The purchase, part of broader investment by SEQ Hospitality—owned by the Fortitudo Group—adds to a wave of activity in Brisbane’s hospitality sector, including a recent redevelopment plan for the nearby Beetson Hotel into a premier sports bar with an IMAX-style screen.
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El presidente de Sydney Roosters compra el Hotel Caxton de Brisbane por $50 millones, la primera venta en 30 años.