PUBLIC LANDS $400m REFINANCE, WITH CONDITIONS

High flying banker turned publican Jon Adgemis has secured a $400 million refinancing deal to save his floundering hospitality gambit, but will be forced to sell down. According to sources, an agreement has been reached this week with the group’s major lenders Deutsche Bank, Gemi Investments and Archibald Capital, providing funding earmarked to pay staff, […]

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HOTELIER CONVICTED OF STEALING MILLIONS FROM ABORIGINAL TRUST

A septuagenarian hotelier and financial advisor has been found guilty of swindling nearly $3 million from the Yugunga-Nya trust, supposedly to prop up his pub.   Thomas Graham Greenaway operated as trustee to the charitable fund, distributing mining royalties to the Aboriginal people who owned the land. Greenway is part-owner of the troubled Freemason’s Hotel,

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MEERS UNVEILS GUILDFORD’S GRAND CELEBRATION OF CULTURE

The Guildford Hotel’s long-awaited relaunch happened over the weekend, coinciding celebrations with the Back to Guildford Street Festival. Cumberland City Council ran the free, family-friendly street festival to launch the upgrade of Guildford Laneway, built to be a safer environment for women as part of the Safer Cities: Her Way program. The multi-celebration event kicked

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MAY HANDS ARTEMUS THE REINS OF MANLY WHARF

Settlement on internationally recognised landmark Manly Wharf was finalised last month by Artemus Group, owners of Brisbane’s Howard Smith Wharves. The heritage-listed Manly Wharf, first built in 1855 as the northern terminal for the Sydney to Manly Ferry, is Artemus Group’s first acquisition in New South Wales. Industry veteran and long-time owner Ben May told

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