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Adrian Portelli lodges bid to buy Derrimut 24:7 Gym as Nikolaos Solomos hands it to administrator

Billionaire Adrian Portelli has submitted a formal expression of interest to acquire the debt-ridden Derrimut 24:7 Gym chain.

Derrimut 24:7 founder Nikolaos Solomos places key company into administration

Derrimut 24:7 Gym founder Nikolaos Solomos has placed the largest company in his struggling fitness empire into administration.

Greek Australian entrepreneurs shine on the 2025 Young Rich List

Greek Australian innovators are making their mark among the nation’s wealthiest young business figures named in the AFR Young Rich List 2025.

Nick Politis buys iconic Caxton Hotel in $50 million deal

Sydney Roosters chairman and billionaire businessman Nick Politis has purchased Queensland’s most famous pub, the Caxton Hotel.

Derrimut Gym empire faces asset sell-off and mounting debt as Portelli bailout collapses

The collapse of Adrian Portelli’s bid to rescue Derrimut 24:7 Gym has left the embattled fitness chain’s future hanging by a thread.

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Opinion

A dark side of Greece: Part 2

I came across a book of short stories in English by author Konstantina Sozou-Kyrkou, called Black Greek Coffee.

Wills without the Trojan War

After nearly 15 years in the legal industry, I’ve lost track of how many matters I’ve worked on involving family disputes over estates.

A dark side of Greece – Part 1

Unlike other more carefree summers in which financial ease more often than not corresponded to “getting away”.

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