PICKLED POSSUM ON THE BLOCK

Institution of Sydney’s lower north shore, the Pickled Possum in Neutral Bay, is being sold as a vacant freehold going concern through receivers and managers. A staple of the precinct since 1981, the colourful, eclectic late-night karaoke bar, famous amongst

PUBLIC FIVE ON THE LINE

Administrators FTI Consulting have swung into action, listing five of Jon Adgemis’ Public Hospitality venues at once, individually or in one line. Formerly a high-flying dealmaker for tax advisor KPMG, Adgemis hopped on the hotel bandwagon in the late teens,

PUBLIC HOSPITALITY CREDITORS TAKE FIVE

The party is winding down for Jon Adgemis’ Public Hospitality Group (PHG), as a major lender calls in receivers and managers on five venues in the collection. Last week FTI Consulting’s Vaughan Strawbridge and Joseph Hansell stepped in, under security

HERITAGE HOTEL SELLS IN STRONG AUCTION

The auction of one of Rockhampton’s most beloved hotels has achieved a “good result”, with locals triumphing over a room of registered bidders. The hammer fell in Brisbane’s Eagle Street auction house this morning, ushering new owners to the historic

HERITAGE HOTEL FALLS UNDER THE HAMMER

A classic Queensland beauty will sadly go under the hammer next month, following Cyclone Marcia and a shift in the tides of fortune for the owner. Will Fowles bought Rockhampton’s Heritage Hotel in 2005, and survived several swings in the