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.