Cornerstone Administrators Close to Selling Remaining Pub Portfolio

COMPUTERSHARE boss Chris Morris is in negotiations to buy nine Victorian hotels, the remaining properties in a portfolio being offloaded by the beleagured Cornerstone Hotels group.

The properties include South Yarrra’s Botanical, Brighton’s Half Moon Bay, Kew’s Skinny Dog, Prahran’s Lucky Coq, Fitzroy’s Bimbo Deluxe and Collingwood’s The Tote – which are all close to sale for an as-yet undisclosed sum.

Mr Morris has owned Victoria’s popular Portsea Pub since 1999. Last year he purchased the Empire Beer Group, which gave him ownership of the Royal in East Perth, and a new brewery in Margaret River.

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