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FAQ: Pride Holdings Group's 10-Year Lease and Revitalization of Stonewall Newtown Australia
TL;DR
Pride Holdings Group secures a 10-year lease of Stonewall Newtown, strengthening its position as Australia's premier LGBTQ+ hospitality company through strategic expansion.
Pride Holdings Group's lease includes major refurbishments to entertainment spaces, facilities, and accessibility, with the revitalized venue planned to open in early January 2026.
The revitalization preserves Stonewall Newtown's cultural significance as a safe, welcoming space for the LGBTQ+ community while enhancing inclusivity and community-driven programming.
Pride Holdings Group's third expansion into Australia and Asia in four months revitalizes an iconic LGBTQ+ venue with upgraded sound, lighting, and entertainment spaces.
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Pride Holdings Group has secured a 10-year lease for Stonewall Newtown, an iconic LGBTQ+ venue in Sydney, Australia, with plans for major refurbishments and a reopening in early 2026.
Pride Holdings Group (OTC: PHSE) is the company securing the lease, facilitated by Craig Bell who negotiated the agreement, with Mike Barrett serving as CEO of Pride Holdings Group.
Stonewall Newtown is located in Sydney, Australia, specifically in the Newtown area.
The newly revitalized Stonewall Newtown is planned to open in early January 2026.
Major refurbishments and upgrades include improvements to entertainment spaces, facilities, sound and lighting, and accessibility to elevate the guest experience while honoring the venue's legacy.
This marks Pride Holdings Group's third expansion into Australia and Asia in the past four months, strengthening their position as the preeminent LGBTQ+ company in Australia and demonstrating continued international growth.
The company plans to open more locations around Australia, New Zealand, and Asia in 2026 and beyond as they continue developing their brands in this region.
Pride Holdings Group is described as 'the premier LGBTQ+ hospitality and cultural rollup' that acquires high-value properties, launches tech-enabled membership platforms, and creates new revenue channels through agency services.
The release includes a cautionary note about forward-looking statements, indicating that statements about future plans, expectations, and projections are based on assumptions that may not prove accurate and are subject to risks and uncertainties.
The redevelopment aims to revitalize and relaunch the venue while preserving its deep cultural and community significance as a safe and welcoming space for the LGBTQ+ community.
Curated from NewMediaWire
