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,