Rigby Cooke Lawyer, led by property partner Darren Marx, recently acted for Stronghold Investment Management on its acquisition of the Cardinia Club from Pakenham Racing Club for $16m. The well established entertainment venue has 105 Electronic Gaming Machines, a large bistro, upmarket sports bar and multiple function rooms. Brisbane based Stronghold is a specialist Business Park and Hospitality sector Fund Manager.
“Our role in this acquisition for Stronghold cements our reputation as one of the leading property firms in Australia and continues to strengthen the reputation of our broader property team. We are delighted to have been able to contribute to the successful completion of the matter for Stronghold” said Darren Marx