KELLY’S ROSE & CROWN AND CORRIMAL SOLD AFTER HOT PURSUIT

Following heated weekend negotiations, it has been announced Damien Kelly’s Rose & Crown Hotel Parramatta and Corrimal Hotel of Wollongong have sold for a combined $74.5 million. The properties went to market in January, under direction from Wexted Advisors, as

KELLY PORTFOLIO SELL-DOWN BEGINS

Following appointment of administrators to the Damian Kelly portfolio, sale of the four thriving pubs has begun.  Andrew McCabe and Joseph Hayes of insolvency and restructuring experts Wexted Advisory were appointed as Administrators and are buoyant on a strong campaign

DAMIAN KELLY’S PUB PORTFOLIO ON THE BLOCK

The hotel empire of Damian Kelly is on the chopping block, after a feud between major investors brought legal action and administrators were appointed. The portfolio comprises four large hotels, being Parramatta’s Rose & Crown, the Corrimal Hotel in Wollongong,

ILLAWARRA GOLD BOUGHT BY PEAK INVESTMENTS

The Denmeade family has divested a landmark Wollongong pub to Damian Kelly’s Peak Investments as the Illawarra region continues to run hot. After operating Wollongong’s large format Corrimal Hotel for nearly two decades, Andrew Denmeade has determined to change up