Opportunity to trade shares in a market leader of Australian pubs. Be the landlord!
Waratah Hotel Group (formerly Pelathon) who has built its reputation as a market leader in the Australian pub sector under private investment, before opening its doors to a wider retail network via the Waratah Hotel Group and acquisition of its AFSL.
Waratah Hotel Group is an unlisted, stapled property group invested in hotel and accommodation venues across Australia.
Shares in both of the Companies are stapled to each other and to the units in the Fund. For the purposes of this financial report the Fund is identified as the parent entity of the Group.
The principal activity of the Group is the ownership and operation of hotel and pub businesses. Hotel and pub operations are undertaken by a specialist management company known as Waratah Hotel Management Pty Ltd (‘Waratah’) on behalf of WFML.
Current Property portfolio value $63M