Jon Adgemis, owner of debt-laden Public Hospitality Group, has been caught up in a financial dispute with his cousin that has erupted over his grandmother’s estate.
Public Hospitality Group buys unloved pubs and hotels, primarily in Sydney and Melbourne. The group, which has built up a portfolio of about 20 properties, has been struggling with cash flow problems and is saddled with high debts.
Loading...
Primrose Riordan covers private companies and family offices from the AFR's Sydney newsroom. Primrose was previously a correspondent for the Financial Times and covered foreign affairs and politics in Canberra. Primrose has won multiple awards for her journalism including from The National Press Club, SABEW in the US and Press Gazette in the UK. Message Primrose on Signal: https://tinyurl.com/PrimroseSignal Connect with Primrose on Facebook and Twitter. Email Primrose at primrose.riordan@afr.com
