Empire Hotel

PUBLIC LANDS $400m REFINANCE, WITH CONDITIONS

Posted on May 31st, 2024 by Clyde Mooney
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

LOVE TILLY GROUP BREAKS UP WITH PUBLIC

Posted on November 10th, 2023 by Clyde Mooney
Turbulence continues for Jon Adgemis’ Public Hospitality group, with the Love Tilly Group calling no joy on their foodservice partnership. In April this year Fabbrica Pasta Bar opened within Public’s Exchange Hotel in Balmain, and has quickly gained acclaim and

IRIS’ BOURBON EMPIRE APPROVED

Posted on July 23rd, 2021 by Clyde Mooney
More than six years after purchasing the iconic The Bourbon in Kings Cross, Iris Group has secured approval on its $65 million redevelopment of the landmark site. Ten months after submitting the latest proposal, Iris found unanimous approval through the

IRIS’ $65m PLANS FOR THE BOURBON EMPIRE

Posted on October 16th, 2020 by Clyde Mooney
Iris has put out its $65 million proposal for the redevelopment of four adjacent Potts Point sites, between the iconic The Bourbon and the Empire Hotel. Piccadilly Hotel Operations Trust P/L, connected to Iris Capital, has worked through an extensive

SOUTHERN HIGH AS MYSTERY BUYER TAKES TWO

Posted on November 18th, 2019 by Clyde Mooney
Goulburn’s elegant Southern Railway Hotel has sold to an unnamed, up-and-coming hotelier – just weeks after they secured the freehold and lease of the town’s Empire Hotel. The Southern Railway was built 1872 on sizeable 1,531sqm lot as the Coolavin

OSCARS BUILDS ON INNER WEST EMPIRE

Posted on June 17th, 2019 by Clyde Mooney
Oscars Hotels has snapped up another inner west landmark, taking title to the freehold going concern of Parramatta Road icon the Empire Hotel, in Annandale. Built circa 1890 for Tooth’s & Co, the three-storey Empire, particularly its façade, was refashioned

IRIS NEARS KINGS CROSS $47m DEVELOPMENT AS WOWSERS HUDDLE

Posted on January 22nd, 2018 by Clyde Mooney
Iris’ proposed $47m development in Kings Cross is under attack before it begins, with a local interest group fighting to scare Council into blocking the proposal. Kings Cross is back in the headlines, no longer for scandal or its infamous

IRIS’ MASSIVE KINGS CROSS DEVELOPMENT AT THE BOURBON

Posted on December 20th, 2017 by Clyde Mooney
Sam Arnaout’s expansive Iris Capital has lodged plans for a massive residential and hospitality development in Kings Cross to replace The Bourbon and Empire Hotels and surrounds. Around the group’s 2015 purchase of The Bourbon from Chris Cheung, Arnaout orchestrated

NEW ERA BECKONS FOR EMPIRE HOTEL AT AUCTION

Posted on May 10th, 2017 by Clyde Mooney
The elegant Empire Hotel will go to auction later this month, with the somewhat tired Victorian pub presenting plenty of options. The two-story Empire, located on Railway St in Kurri Kurri, formerly a pit-stop on the highway going west from

IRIS’ ‘EMPIRE’ BUILDING KINGS CROSS OPPORTUNITY

Posted on August 31st, 2015 by Clyde Mooney
Making the most of Kings Cross’ reluctant transformation to residential, cashed-up Iris Capital Group has acquired three adjacent blocks on Darlinghurst Road. It has been revealed Sam Arnaout’s Iris Group has completed the purchase of the Empire Hotel – adjacent