Justin Hemmes buys Sackville Hotel for $50 million
Billionaire hotelier Justin Hemmes bought Sydney's Sackville Hotel for $50 million, but the deal needs competition approval first.
Why it mattersOne operator now controls more of the area's pub market. The shift reflects how the waterfront neighbourhood has changed from a working-class gathering place to an upmarket destination.
AustraliaSydney's pub culture is changing rapidly. The Balmain-Rozelle area has transformed from blue-collar drinking spots to family-friendly venues with craft beers, fine wine and fine dining.
Corroborated bytheage.com.au·watoday.com.au
✓ Claims checked against the source and corrected before publish. checked 3 h ago
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