NEW Sydney-based pub fund Ludlow Hospitality made its first acquisition, buying the recently renovated Five Islands Hotel in Wollongong’s Cringila for $20.7 million. Ludlow’s senior executives include some of the state’s experienced hoteliers, including former Riversdale founder Paddy Coughlan, and also counts New York high net worth family offices amongst its unitholders. “We are delighted […]
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