Cornerstone Administrators Close to Selling Remaining Pub Portfolio

“This is really about the beer and the brewing side of things,” Mr Morris told the Herald Sun. “This was a great opportunity to get distribution for the beer in Victoria by buying nine hotels.”

Earlier this year, Cornerstone receivers Ferrier Hodgson sold other Cornerstone pubs including Melton’s Q-Lounge, Port Melbourne’s The Local, Public House in Richmond and The Palace in South Melbourne.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.