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Laundy family reaps $13m on pub sale

People & Companies / Latest News


Sep 06 2017

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Carolyn Cummins, The Sydney Morning Herald

The Laundy family has raised $13 million from the sale of its Bateau Bay pub to a local investor, reflecting the strong demand for the hotel sector along the NSW coastal regions.

It comes as more than $1 billon pubs have been sold in the past year, boosted by the sell-down of the Geoff Dixon, John Singleton Australian Pub Fund and also the Lantern Hotel assets.

Go to The Sydney Morning Herald and read the full story.

SOURCE: The Sydney Morning Herald


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