Yellow Brick Road’s executive chairman Mark Bouris has acquired a major stake in the Club of United Business (CUB) as it takes advantage of the demise of exclusive, male-only clubs.
The move comes as famous international celebrity private members club Soho House pushes ahead with plans to open in Australia as it fights local objections to a $12.5 million transformation of a South Yarra mansion known as Poolman House.
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Patrick Durkin is Melbourne bureau chief and BOSS deputy editor. He writes on news, business and leadership. Connect with Patrick on Twitter. Email Patrick at pdurkin@afr.com