Ariadne, the investment platform headed by Gary Weiss and Keven Seymour, expects a significant drop in its 2018 interim profit a year after selling its 50 per cent stake in Secure Parking.
The listed investment company, which is also the largest shareholder in troubled entertainment company Ardent Leisure, has flagged a first-half net profit in the range of $2.6 million to $3.6 million.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com
