Real Estate

PUBLIC HOSPITALITY PUBS JOIN WAVE OF INSOLVENCIES

The Adgemis Public Hospitality empire is in flux again, threatening its refinancing efforts, as two pubs in the portfolio enter administration alongside a record-breaking number of Aussie businesses. Public Hospitality Group (PHG) is scrambling to retain its collection of over 20 pubs across Sydney and Melbourne, but despite ongoing negotiations one of its financiers has

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LAUNDYS SEE THE LIGHT

Arthur Laundy and family have emerged as the successful buyers of the Bayfields’ iconic Light Brigade Hotel of Paddington. Crowning the intersection of Paddington-Woollahra since the 1880s, the three-storey pub boasts two street frontages, over Oxford St and Jersey Rd. In 2015 the Bayfield family bought it from veteran Dean Haritos and executed a $5

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