A landmark musical tribute celebrating one of Greece’s most influential composers will take centre stage in Sydney this year, with a full symphony orchestra honouring the 100th anniversary of Mimis Plessas at the City Recital Hall.
Presented by the Greek Orthodox Community of NSW, the concert – 100 Years Mimis Plessas: A Living Tribute with Dimitris Basis – marks a century since the birth of the legendary composer whose melodies shaped modern Greek music and film.
Dimitris Basis and George Ellis. Photo: The Greek Herald.
Plessas’ contribution to Greek culture is vast. A prodigious pianist who evolved into a defining musical voice of his generation, he composed scores for 104 films and countless songs that remain deeply embedded in the Greek collective memory. Works such as Pios to xerei and Tosa Kalokeria continue to resonate across generations, bridging popular music, cinema and symphonic composition.
The Sydney tribute will bring Plessas’ legacy to life through the rich textures of a full symphony orchestra, complemented by traditional Greek instrumentation – a rare opportunity for audiences to experience his work on a truly grand scale.
Headlining the evening is internationally acclaimed vocalist Dimitris Basis, whose career has spanned more than 25 years and earned platinum-selling success. Known for his powerful voice and technical precision, Basis has long been regarded as one of Greece’s leading performers and a global ambassador of Greek music.
Musical direction will be led by celebrated Australian conductor George Ellis, whose distinguished career includes directing the Sydney Olympic Games Opening Ceremony and collaborations with the Sydney Symphony Orchestra and internationally renowned composers.
“Mimis Plessas is a titan of melody whose work transcends borders,” Ellis said. “To conduct a full symphony orchestra in celebration of his 100th year is a profound honour. We are creating a soundscape that respects the nostalgia of his legendary film scores while bringing a fresh, cinematic energy to the City Recital Hall stage.”
Adding another dimension to the performance is classically trained flautist and vocalist Mary Yiakoulis, whose work blends Greek musical traditions with contemporary jazz and blues influences, reflecting both cultural inheritance and modern expression.
The choice of City Recital Hall underscores the significance of the occasion. Renowned for its world-class acoustics and intimate setting, the venue provides a fitting backdrop for a concert celebrating a century of artistic achievement.
Open to audiences of all backgrounds, the event promises a powerful fusion of symphonic grandeur and iconic Greek sound – a celebration not only of Plessas’ legacy, but of the enduring cultural connection between Greece and its global diaspora.
Event Details:
Event: “100 Years Mimis Plessas: A Living Tribute with Dimitris Basis”
Presented by: The Greek Orthodox Community of NSW
Venue: City Recital Hall, 2 Angel Place, Sydney
Featuring: Dimitris Basis, George Ellis, Mary Yiakoulis, and a Full Symphony Orchestra & Greek Band.
Emeritus Professor Richard Green, a finalist in the inaugural Australia Cyprus Achievement Awards, has spent more than three decades at the centre of one of Australia’s most significant archaeological undertakings in the Mediterranean: the excavation of the ancient theatre at Nea Paphos in Cyprus.
For more than 30 years, Professor Richard Green has been at the centre of one of Australia’s most significant archaeological findings in the Mediterranean: the excavation of the ancient theatre at Nea Paphos, Cyprus.
What began as a lucky mix of the right timing and people has become a project that explores both ancient history and modern cultural survival.
For Green, the urgency is unmistakable. “We live in difficult times and there are threats on all sides. We are in danger of losing our way of life and our identities.”
Archaeology, he insists, is not an exercise in nostalgia.
“One way of securing ourselves is to rediscover our pasts and to learn from our pasts, establishing ourselves as the products of our forebears who themselves coped with ever-changing worlds.”
From Manchester to archaeology
Green’s path to archaeology was not inherited. “I grew up in the outskirts of Manchester, England, and was the first person in my extended family to go to university.” Opportunity, rather than tradition, shaped him early. Grammar school allowed him to specialise in Latin and ancient Greek before University College London, where exposure to “really good teaching staff, most of them world-renowned” and a specialisation in Greek Archaeology set his direction.
It was also where a long-term connection was formed. “It was while I was a student there that I first met and got to know Vassos Karageorghis… We were very friendly. He of course went on to become Director of Antiquities in Cyprus.” That relationship would later prove decisive.
Early fieldwork and formative influences
Fieldwork came early. “On completing my Bachelor of Arts Honours I won a scholarship that took me to the British School of Archaeology at Athens. It was a critical step.” Immersion in museums and active digs followed. “Semni Karouzou at the National Museum in Athens encouraged me to handle a range of material,” while exposure to the American Excavations in the Agora taught him “what excavations are about and how complex they can be.”
The moment everything aligned
By 1995, the conditions were right. “This was a coincidence of a range of factors that all seemed to come together at that point.” Green had taken up the Chair of Classical Archaeology at the University of Sydney and felt a responsibility to his students. “We had an outstanding cohort of advanced students who deserved special treatment and who needed field experience.”
Cyprus carried personal weight. He had worked across Italy and Greece, but also “had the experience of being isolated on a Greek island during the events of 1974 and so was very conscious of the terrible things happening in Cyprus.” The division of the island still shapes him. “[I have] never, even now, been able to bring myself to set foot over the border, in the northern half of Cyprus.”
With all this in mind, he contacted Karageorghis. “Without any hesitation, he welcomed the idea of a Sydney team,” and suggested a site aligned with Green’s scholarly interests: theatre.
“It would be a good idea for us to investigate a site in Paphos where it seemed likely that an ancient theatre was to be found. And so it was.”
A theatre layered with history
What emerged was not simply a theatre, but a compressed history of the eastern Mediterranean. “Most of all, it’s the theatre itself.” First built around 290 BC, “probably with input from Ptolemy I,” it was repeatedly rebuilt and reimagined. “It was remodelled and reopened with an international theatre festival in 141 BC, remodelled again under the emperor Augustus, rebuilt in the AD 140s.”
Each phase reflected power and prestige. “It reflects the regard with which Paphos, as then capital of the island, was held in the imperial court.” The Roman version was unapologetically grand: “marble columns imported from Euboea, water-sprinklers that played water over a floor paved with exotic coloured marbles,” and “fragments of portrait-statues of Antoninus and his family.”
That version endured until catastrophe. “The terrible earthquake of AD 365 together with a major tsunami.” The theatre was abandoned, repurposed, absorbed into a Christian city. “Elements were used in the construction of the Chrysopolitissa basilica… We have stood where Paul and Barnabas had stood.”
Layers beyond the ancient world
Over the following centuries, the site’s function shifted from public performance to local industry. Layers kept coming. Above the ancient theatre sat something unexpected: “a cluster of buildings that had housed a group of pottery manufacturers of the Crusader period… supplying Crusaders in the Holy Land.” The site became industrial, then global. “Many pieces of decorated, glazed pottery manufactured on our site have been identified there.”
Among countless finds, one object captures the project’s meaning for Green. “A plate decorated with features that recall the Nile… It dates to the 6th century AD.” Its significance lies not in style, but in movement. “The fascinating thing is that the clay of which it was made is Paphian. The man travelled, not the pot.”
Looking ahead
As the excavation enters its next phase, Green is measured but hopeful. The immediate priority is detailed publication to ensure the work is preserved, but the goal remains unchanged: “to see it continue in much the same fashion, involving the sharing of cultures.”
The project’s longevity rests on people as much as archaeology. “We have invariably been treated well and made welcome by the people of Cyprus.” In Australia, “we have had the unstinting support of the Cypriot community.” From the outset, the excavation opened itself beyond academia. “We have regularly opened our teams to members of the broader Australian community so that they too could share not only in the archaeology but in the experience of Cyprus.”
For Green, the emotional centre of the work is not abstract. It is physical. Standing in the orchestra of a theatre that once seated 8,500 people, he offers no grand theory. “What can one say? It is the fulfilment of a dream, and one I would like others to share.”
At Nea Paphos, the past is not sealed. It is layered, disrupted, rebuilt and still speaking.
The winner of the Australia Cyprus Achievement Award will be announced at a formal presentation ceremony in February 2026, recognising individuals whose work has strengthened cultural, intellectual and community ties between Australia and Cyprus.
Event details
Venue: The Chau Chak Wing Museum, The University of Sydney Date: Thursday, 26 February 2026 Time: 6.30 pm Bookings: www.thecyprusclub.org.au/awards
An online briefing aimed at strengthening trade and investment ties between Greece and Australia was held on 17 December 2025, building on a Memorandum of Understanding signed in June 2024 between key chambers and industry bodies in both countries.
Held within the framework of cooperation between the Hellenic Australian Chamber of Commerce and Industry (HACCI), the Greek Exporters Association (SEVE), the Athens Chamber of Commerce and Industry, the Piraeus Chamber of Commerce and Industry, and the Thessaloniki Chamber of Commerce and Industry, the session was delivered in collaboration with Enterprise Greece and industry partners.
The briefing brought together institutional leaders, exporters and business representatives from Greece and Australia, with a focus on opportunities within the Greek food and beverage sector, investment pathways, and prospects for deeper bilateral commercial engagement.
Export growth and untapped potential
The event featured presentations from SEVE, the Thessaloniki Chamber of Commerce & Industry, Enterprise Greece and FORUM SA, outlining the strong performance of Greece’s food sector, export trends to Australia, and upcoming opportunities for collaboration through trade missions and major exhibitions, including Food Expo 2026.
SEVE Executive Vice President Panagiotis Hassapis highlighted the significance of the Greek food sector, which represents approximately 25 per cent of total Greek exports. He noted that Greek exports to Australia increased by 35 per cent between 2020 and 2024, reaching €315 million, while emphasising that significant untapped potential remains.
Key Greek food exports to Australia include vegetables, cereals and dairy products, with the food and chemical sectors together accounting for nearly 70 per cent of total Greek exports to the Australian market.
Sector resilience, innovation and market access
Second Vice President of the Thessaloniki Chamber of Commerce and Industry Panos Menexopoulos presented an overview of the Greek agricultural and food sector, describing it as strategically important and increasingly competitive.
He noted that Greek food and beverage exports reached €9.5 billion in 2024, reflecting strong growth driven by sector resilience, ongoing modernisation, and a continued focus on innovation, quality and compliance with international standards.
FORUM SA Managing Director Thanos Panagoulias outlined the organisation’s role in connecting Greek food and beverage producers with international markets, including Australia. He highlighted FOODEXPO, the largest food exhibition in Greece and Southeast Europe, which features a Hosted Buyers Program, structured B2B meetings and a pre-planning business platform.
Mr Panagoulias expressed interest in strengthening Australian participation, acknowledging challenges such as travel and accommodation costs, and offered to explore full hospitality packages for organised Australian delegations.
Investment outlook and next steps
Enterprise Greece CEO Marinos Giannopoulos presented Greece as a stable and competitive investment destination, citing strong economic performance, strategic geographic positioning and available investment incentives. He emphasised the growth potential of the food and beverage sector, which represents a significant share of Greek manufacturing and exports.
Reflecting on the briefing, outgoing HACCI National Federation Chair Dr Elena Limnios said the session demonstrated both capability and appetite for deeper engagement.
“This online briefing showcased the strength of Greece’s food industry and the appetite for deeper engagement from Australian businesses,” she said. “As I conclude my term, I am proud of the collaborative spirit between HACCI and our MOU partners in Greece, including SEVE and the Thessaloniki Chamber of Commerce and Industry, and I am confident this foundation will support even greater bilateral activity in the years ahead.”
Incoming HACCI National Federation Chair for 2026 Angela Tomazos said HACCI remained focused on delivering practical outcomes.
“HACCI is committed to fostering meaningful commercial pathways between Greece and Australia,” she said. “Today’s session reinforced the opportunities before us — from investment to trade missions to sector-specific partnerships. We look forward to continuing to work closely with our MOU partners and our national HACCI network.”
Australia remains a strategic market for Greek exporters, particularly in food and beverage categories where Greece holds strong competitive advantages. While exports to Australia have experienced periods of relative stagnation, stakeholders noted there is considerable scope for renewed momentum.
Strong sector fundamentals — including export resilience, innovation, adherence to international standards and growing consumer demand for premium Mediterranean products — continue to position Greek food exports for further growth. With targeted market strategies, strengthened partnerships and enhanced market-access initiatives, Greek food exports to Australia are expected to expand further in the coming years.
Discussions between collaborating organisations are set to continue into early 2026, including the exploration of a coordinated business delegation and additional joint initiatives aligned with upcoming trade and investment events.
The former Noah’s Backpackers in Bondi Beach, once owned by bankrupt pub baron Jon Adgemis, has sold for $60 million, $8 million below his 2022 purchase price.
The 260-bed hostel, on a prime 866 sqm corner with ocean views, was part of Adgemis’ failed Public Hospitality portfolio, which included 22 venues before collapse.
The buyer, Millinium Capital Managers, has acquired six former Adgemis properties for around $150 million, including the Hotel Diplomat, Empire Hotel, Kurrajong Hotel, Town Hall Hotel, and Three Weeds. Another property, Claridge House, sold separately for $19 million.
Adgemis had planned to transform the Bondi site into the South Bondi Hotel with a rooftop bar and 53 accommodation rooms, but the dilapidated, graffiti-covered building went to receivers after his $1.8 billion debt crisis.
Colliers’ Matthew Meynell called it “a truly iconic beachfront property” and noted the strong market appetite for “built form, high presence hospitality opportunities in gateway precincts.”
This sale marks another step in winding down Adgemis’ pub empire and liquidating key assets.
Darwin’s iconic Greek cultural festival Greek GleNTi has been recognised as a finalist for the 2026 Community Event of the Year Award, an acknowledgement highlighting the enduring contribution of the Greek community to the cultural and civic life of the Northern Territory.
The recognition was announced by the City of Darwin as part of its Australia Day Community Celebration and Citizen of the Year Awards, held on Monday, 26 January 2026, at Bicentennial Park Cenotaph. While winners were announced on the day, Greek GleNTi was named among the finalists and remains formally recognised in the category.
Established in 1988, Greek GleNTi is presented annually by the Greek Orthodox Community of Northern Australia and has grown into Darwin’s premier celebration of Greek culture. Held each year on the King’s Birthday long weekend, the festival is widely regarded as a signature event on Darwin’s multicultural calendar, drawing strong attendance from across the Territory.
In its citation, the City of Darwin acknowledged Greek GleNTi’s role in promoting multiculturalism, community connection and the spirit of φιλοξενία (hospitality) – values that have long underpinned both the festival and the Greek presence in the Northern Territory.
Following the Australia Day celebrations, the Greek Orthodox Community of Northern Australia (GOCNA) shared its gratitude and pride at being named a finalist.
“We’re honoured to share that the Greek Orthodox Community of Northern Australia was nominated as a finalist for Community Event of the Year 2026 for GleNTi,” the community said in a statement.
“To all nominees across every category, thank you for the work you do for our community. Your impact and contribution are seen and valued.”
GOCNA also congratulated the award recipients announced on the day, noting their role in strengthening Darwin’s social fabric.
“Big congratulations to all award winners announced today. Your dedication and service make Darwin stronger, kinder and more connected,” the statement said.
The community paid tribute to the volunteers and supporters who have sustained Greek GleNTi for decades.
“From all of us at GOCNA, thank you for supporting GleNTi, and thank you to everyone who volunteers, sponsors, performs, cooks, dances, plans and shows up year after year. This nomination belongs to our whole community.”
The 2026 Community Event of the Year Award recognises initiatives that make a significant contribution to community life in Darwin, celebrating events that foster inclusion, participation and civic pride. Greek GleNTi was named alongside other finalists including the Top End Native Eco-Fair and Tracy Village Cricket Club’s Pink Stumps Day.
Melbourne engineer Stavros Rekaris, 52, has embraced reformer Pilates three times a week, crediting it with improving his strength, balance, and ability to stay active despite past injuries.
“I feel stronger than ever,” Rekaris said, noting the workout’s adaptability and year-round benefits.
Rekaris attends Dynamic Stability in Richmond, part of Australia’s $630 million Pilates market, which now attracts men, seniors, and elite athletes alongside its traditional base of women under 45.
He highlighted the family-friendly nature of the practice: “My parents, who are in their late 70s and early 80s, are now involved, as are my in-laws, and my kids have started doing strengthening classes.”
Pilates’ rise, particularly in reformer classes using machines to build core strength, flexibility, and posture, has made it a mainstream fitness option for all ages, blending rehabilitation, performance, and general wellbeing.
CEO of Proto Axiom, Anthony Liveris says the global biotech sector is entering a more disciplined phase – and for Australian investors, the challenge is no longer spotting excitement, but identifying what can genuinely scale.
Writing after the annual J.P. Morgan Healthcare Conference in the United States, Liveris says the signal cutting through the noise in 2026 is clear: execution now matters more than storytelling.
“The market has moved on from hype,” Liveris writes. “This cycle will reward operators, not narrators.”
As CEO of Proto Axiom, which funds early-stage scientific breakthroughs, Liveris argues that biotech is recovering globally – but capital is returning selectively, favouring quality assets, credible data and experienced teams.
Quality over excitement
Liveris says US public markets are reopening to biotech, but only for companies with late-stage assets, clean clinical data and clear paths to commercialisation.
For Australian investors, he warns against being swayed by overseas announcements without substance.
“Liquidity is now earned, not assumed,” he says, adding that great science alone is no longer enough without execution credibility.
Big pharma is buying – but only the best
With major pharmaceutical companies facing looming patent expiries, Liveris says global drugmakers are actively seeking acquisitions and partnerships. However, this does not mean weak projects will be rescued.
“Competition for high-quality assets is increasing,” he notes. “Premiums go to teams that can show clinical progress and manufacturing readiness – not just compelling biology.”
Obesity is bigger than weight loss
One of the clearest long-term trends, according to Liveris, is obesity and cardiometabolic disease – but not in the simplified way often portrayed.
“This is not just about weight loss drugs,” he says. “It’s about cardiovascular outcomes, long-term safety, muscle preservation and how therapies fit into lifelong care.”
He adds that reimbursement – how treatments are paid for – is becoming as important as the science itself, particularly in countries like Australia.
Oncology becomes engineering
Liveris says cancer treatment is shifting from finding single targets to building complex therapeutic systems, such as antibody-drug conjugates and radiopharmaceuticals.
Australia, he notes, is well positioned scientifically in this area, but must improve its ability to translate research into scalable therapies.
“If manufacturing is an afterthought, the risk is already too high,” he warns.
AI grows up
Artificial intelligence in biotech is moving out of the hype phase and into regulation and compliance, Liveris says – a shift he views positively.
“The most credible AI applications are those that save time in specific steps,” he writes, such as trial design or patient selection, rather than grand promises of drug discovery.
Global competition is intensifying
Liveris also points to China’s growing role as a source of licensable biotech innovation, particularly in oncology and neurology.
“This raises the bar globally,” he says. “Australian companies must move faster and sharper to compete.”
What this means for Australia
Liveris argues Australia does not lack scientific talent, but struggles to consistently convert research into global therapies while retaining value locally.
He identifies three priorities: faster clinical trial start-ups, clearer regulatory pathways, and better alignment between long-term capital and biotech development.
“Investors don’t fear high standards,” he says. “They fear unclear ones.”
For Australian investors and founders alike, Liveris’ message is blunt but optimistic: the opportunity is real – but only for those prepared to build real businesses, not just tell good stories.
Writer and commentator Koraly Dimitriadis has launched a new symposium and day-long festival aimed at confronting taboo issues within multicultural Australia, with a particular focus on Greek and Cypriot women.
The event, titled Greek Women Speak, will take place on Sunday, 15 February, and is supported by the Greek Community of Melbourne. It will bring together Greek and Cypriot women from Melbourne and Sydney for a series of discussions addressing subjects often left unspoken within the community.
“I was tired of not seeing the topics I wanted to talk about presented at writers’ festivals or other talks and presentations,” Dimitriadis said. “And I’m not the only one that wants to talk about them. So I did something about it.”
Greek Women Speak will feature a diverse lineup of speakers, including queer social media creator Kat Zam, radio presenter Roula Krikellis (The KK Factor), Sydney-based TEDx speaker and workplace safety advocate Stefanie Costi, and executive member of the Keeping Women Out of Prison Coalition Eleni Psillakis.
The program will explore issues including substance abuse, incarceration, mental health, dementia, sexuality, divorce and single parenting, bullying, and violence against women. Additional contributors include poet Petr Malapanis, domestic violence advocate Joanna Galanis, visual artist and drug and alcohol support worker Stella Michael, lawyer and mediator Emily Highfield, and author and workplace sexual violence advocate Nikki Simos.
“I wanted to platform women we don’t often hear from in our community, Greek and Cypriot women,” Dimitriadis said. “And I don’t want to just speak to audiences, I want to converse with them.”
A key feature of the event will be the Australian premiere of TACK, the first #MeToo documentary produced in Athens. The award-winning film, directed by British-Greek filmmaker Vania Turner and produced by the Onassis Cultural Centre, follows Olympic sailor Sofia Bekatorou, whose testimony helped spark Greece’s MeToo movement.
“I watched the film at the Limassol Documentary Film Festival in 2025 and nearly fell off my chair,” Dimitriadis said. “All I kept thinking was that I have to bring this film to Australia.”
Dimitriadis, who will host and moderate the symposium, will also launch her fourth poetry collection, That’s What They Do, and perform selected works on the day.
Among the speakers, domestic violence advocate Joanna Galanis said she would be sharing her experience as a survivor of family violence.
“My story reflects the experiences of many women who remain silent, not because they lack truth, but because they fear judgment, shame and being unfairly blamed,” Galanis said. “No woman is responsible for the violence inflicted upon her. Accountability lies solely with the perpetrator.”
Kat Zam said she hoped the event would prompt broader reflection within the community.
“In 2026 I’d like to see the Greek community embracing their own LGBTQ+ Greeks,” she said. “Why does ‘philotimo’ only exist within our community when it suits people?”
The event brings together voices from across generations and backgrounds, with organisers describing it as an opportunity for open discussion and reflection on issues that are often left unspoken within the community.
Dimitriadis said she hoped the day would encourage meaningful dialogue and challenge long-held assumptions, while creating space for stories that are rarely shared publicly.
“I was a little afraid doing something like this,” she said. “But when I started getting people interested in sponsoring and supporting the endeavour, I thought, maybe I should not be afraid. Maybe we need this.”
Greek Women Speak is supported by the Greek Community of Melbourne, The Estate of Ania Walwicz, Toorak Law, Grazing With Stella, Arc Up Australia, Outside The Box Press, Dingo Drama TV and the Greek-Australian Film Society.
The $19 million sale of Claridge House in Darlinghurst marks a significant milestone in the ongoing unwinding of assets linked to hospitality entrepreneur Jon Adgemis, whose Public Hospitality Group collapsed into receivership after years of financial distress.
The nine-storey inner-city accommodation asset at 28–30A Flinders Street has been acquired by Universal Hotels, owned by hotelier Harris Kospetas, following a competitive Expressions of Interest campaign conducted by Colliers.
Receiver sale following Public Hospitality Group collapse
Claridge House was sold on behalf of receivers appointed to Adgemis’ ill-fated Public Hospitality Group, which once controlled a large portfolio of pubs, hotels and accommodation assets across Sydney and Melbourne before entering administration.
The sale represents one of the more substantial inner-city disposals to emerge from the receivership process and underscores the continued dismantling of a hospitality empire that had expanded aggressively prior to its collapse.
Colliers Managing Director Matthew Meynell said the campaign attracted strong interest from across the market.
“The level of enquiry reflected sustained appetite for inner-city accommodation assets, particularly those offering scale, character and flexibility in tightly held precincts,” Mr Meynell said.
Claridge House site.
Prime Oxford Street precinct
Located near Taylor Square in the Oxford Street precinct, Claridge House occupies a prominent position within one of Sydney’s most tightly held inner-city hospitality and cultural zones.
The Art Deco flatiron building comprises approximately 2,169 square metres across nine levels and was formerly utilised as 63 boarding rooms. It was offered in coldshell condition, allowing for repositioning across boutique hotel, coliving or alternative accommodation uses, subject to approval.
The ground-floor space also provides scope for retail, food and beverage, cultural or communal uses.
James Cowan, Head of New South Wales Investment Services at Colliers, said the asset required a buyer with both operational capacity and financial strength.
“This was a complex asset that required a capable buyer with both operational expertise and balance sheet strength,” Mr Cowan said.
Universal Hotels expansion
For Universal Hotels, the acquisition represents a strategic addition to its Sydney portfolio and a further step in the group’s measured expansion.
Universal Hotels Chief Executive Officer Harris Kospetas said Claridge House presented long-term opportunity within a precinct the group knows well.
“It’s an asset with enormous potential located within a precinct that we know very well – it’s a really good fit for us,” Mr Kospetas said.
Karen Wales, Head of Hotels Australia at Colliers Transaction Services, said Sydney’s accommodation sector continued to benefit from tourism recovery, major events and infrastructure investment.
“Assets such as Claridge House with scale and zoning flexibility are increasingly sought after by sophisticated operators,” she said.
Harris Kospetas.Jon Adgemis.
Strong competition despite selective market
According to Colliers, the campaign generated more than 250 enquiries, with 62 qualified groups accessing the data room and 17 offers submitted across two rounds – a result that points to tightening supply and improving investor confidence in Sydney’s inner-city accommodation market.
For the hospitality sector – and particularly within Greek-Australian business circles – the acquisition highlights the growing influence of Kospetas’ Universal Hotels as a disciplined, long-term operator willing to invest in complex inner-city assets with repositioning potential.
The Claridge House purchase reinforces Universal’s measured expansion strategy and signals confidence in Sydney’s recovering accommodation market, with Kospetas securing a landmark Oxford Street–adjacent asset at a moment of transition for the sector.
While the sale marks another asset exit from the receivership of Public Hospitality Group, its broader significance lies in what comes next – closing a long-running chapter in the Adgemis saga and opening a new one focused on renewal and potential.
The Greek women’s water polo team produced a dominant display against France, cruising to a 23–5 victory to secure qualification for the second phase of the European Women’s Water Polo Championship.
Greece took control from the opening minutes, effectively deciding the contest early and maintaining their intensity throughout all four periods (7–2, 7–2, 6–0, 3–1).
The emphatic win leaves the “blue and white” focused on their final group match against Germany on Thursday (January 29, 15:45).
The national team will then compete in the B’ phase over the weekend of January 31–February 1, where they are set to face Italy and either Serbia or Croatia.
Greece converted five of six penalties and recorded goals across a variety of situations, while France struggled to find openings, finishing scoreless with an extra player.
Eleftheria Plevritou and Vasiliki Plevritou led the scoring with four goals each, as Greece underlined its credentials as a title contender.
Referees for the match were Campanias of Spain and Gerasimov of Great Britain.
