Good Spirits Hospitality Limited (GSH) has completed the acquisition of the Velvet Bar in Auckland's Viaduct precinct, with plans to refurbish and re-open the venue later this year.
GSH already owns and operates Danny Doolan's bar in the Viaduct, and The Fox - a London Pub, which opened in December 2020.
See more
The deal is subject to regulatory approvals and commercial conditions.
Every sector of the Australian share market has lost ground.
The S&P/NZX 50 Index closed at the day’s low of 12,349.47, down 46.79 points or 0.38%.
To join your company account for BusinessDesk and enjoy full access, enter your email and we’ll send you details
