IEF ief real estate entertainment group

ing increased substantial holding, page-5

  1. 1,528 Posts.
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    From what I know that place is still the same. It gets so busy + now that they have put the soft roof/umbrella style things up outside, they can take a bigger crowd in the rain.

    Great little place in a top spot. I loved that place too when I lived in North Sydney (used to be the start to every thursday night when I was at uni. Followed by the Greenwood)

    I hope they can get a pub or two away to take the pressure off the LTV. Or alternately I hope they renegotiate that with their financiers?

    The one negative with these guys is their cost of debt. Its quite high really (think near 7%), when you consider the current cash rate etc.

    Any how will see how it goes.
 
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