Millinium Capital Managers

UNIVERSAL AND MILLINIUM TAKE THREE MORE PUBLIC HOTELS

Posted on January 30th, 2026 by Clyde Mooney
The Kospetas family’s Universal Hotels has joined Tom Wallace’s Millinium in capitalising on the former Public Hospitality Group, separately taking hotels in Darlinghurst, Bondi and Potts Point. In the fallout of the failed venture, ex-KPMG dealmaker-turned-publican Jon Adgemis saw his

EMPIRE BUILDING FOR NEW MILLINIUM

Posted on January 28th, 2026 by Clyde Mooney
Millinium Capital Managers has furthered its push into pubs, purchasing the stately Empire Hotel in Annandale out of the now defunct Public Hospitality portfolio.   Bankrupt banker turned publican Jon Adgemis bought the pub from Oscars for $18 million, as

VACANT KURRAJONG SELLS TO NEW GROUP

Posted on September 10th, 2025 by Clyde Mooney
The Kurrajong Hotel at Erskineville, repossessed out of Jon Adgemis’ fading Public Hospitality fund, has sold as a vacant freehold for $20 million to a new hotel investor assembling a growing portfolio. The big corner pub is an Art Deco