US EditionPublished • loading... • Updated
Jon Adgemis’ former Bondi backpackers sells for $60m amid pub empire unwind
Summary by Greek Herald
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.1 Articles
1 Articles
Jon Adgemis’ former Bondi backpackers sells for $60m amid pub empire unwind
The former Noah’s Backpackers in Bondi Beach, once owned by bankrupt pub baron Jon Adgemis, has sold for $60 million, $8 million below his 2022 purchase price. The 260-bed hostel, on a prime 866 sqm corner with ocean views, was part of Adgemis’ failed Public Hospitality portfolio, which included 22 venues before collapse. The buyer, Millinium Capital Managers, has acquired six former Adgemis properties for around $150 million, including the Hote…
Coverage Details
Total News Sources1
Leaning Left0Leaning Right0Center0Last UpdatedBias DistributionNo sources with tracked biases.
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
