Waterfront City’s James Squire Brewhouse is to reopen under the management of Lou Jovanovski’s Rivers Group.
ING Real Estate has sold the premises, having evicted its former tenant over a rent dispute in September.
Mr Jovanovski says he is to run the business on a contract in the short-term on behalf of the new owner.
It is understood that the new owner has done a deal with Lion Nathan and will continue to trade under the James Squire brand.
Both Mr Jovanovksi and ING have refused to say who bought the premises.