Mr Short, who lives in a $9million Vaucluse mansion with his wife Allyson and their three children, earlier this year already offloaded most of his pub holdings.
The unlisted fund’s latest divestments include the Mount Annan Hotel near Campbelltown in south-west Sydney, bought by the Rich Lister’s niece Nicole De Angelis-Hood.
The world’s biggest property investors say they’re boosting cash flows and investing undersupplied sectors as they predicted more valuation pain ahead.
Billionaire pub mogul Arthur Laundy has dropped $300million to gain full control of five prominent pubs across NSW - including the iconic Watson s Bay Hotel.