Business
Washington H Soul Pattinson reaps $28m on Penrith pub sale – Sydney Morning Herald
Listed investment group Washington H Soul Pattinson has defied market volatility with the sale of a pub and mixed-use commercial centre in Sydney’s west for $28 million.
In constant dialogue with the state government, the industry and stakeholders sit on tenterhooks regarding the threat of potential additional future trade restrictions.
Many pub operators and landlords have diversified their offerings during periods of closure such as selling take-away food from bottle shops and creating new home delivery food to keep the kitchens open.
The Australian Hotels Association national chief executive Stephen Ferguson said the pub sector would benefit from the extens…
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