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Justin Hemmes grows pub empire with $70m shopping spree, snatching up Bondi's Royal Hotel

People & Companies / Latest News

Australia

Nov 10 2017

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Nicole Lindsay, The Sydney Morning Herald

Pub tsar Justin Hemmes has cemented his position as the largest single owner of popular Sydney pubs, splurging more than $70 million on the purchase of three major hotels over the past three months.

Having snapped up Bondi's Royal Hotel on Wednesday, the string of purchases gives Mr Hemmes' Merivale Group an almost unassailable lead in the sector, ahead of restaurateurs such as celebrity chef Matt Moran's Solotel group and established pub owners such as the Laundy family.

Go to The Sydney Morning Herald and read the full story.

SOURCE: The Sydney Morning Herald

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