Two Sydney Pubs Sell For $32 Million

SYDNEY pub owner Patrick Gallagher has sold Parramatta’s PJ Gallagher’s for $19.35 million to the Iris Hotel Group.

At the same time, the Iris Hotel Group has sold the leasehold to its Criterion complex, in the Sydney CBD, to Mr Gallaher for $12.5 million.

CB Richard Ellis negotiated both deals.



Posted originally: 2011-03-02 07:28:00

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