The original ALH listed landlord tips a “positive” future amid higher profit distribution and continued “operating profitability” across much of its pub portfolio. ALE Property Group last week released its Annual Review, Annual Report and Property Compendium 2015, detailing finances emanating from the 86 pubs it owns and leases to the ever-strengthening Woolworths-backed Australian Leisure […]
The final steps to a Redcape IPO have begun, with the owner-operator model being touted as the key to potential. Redcape Hotel Group lists operations in 22 hotels in New South Wales and three in Queensland, overwhelmingly demonstrating a focus on gaming (see venue rankings below). The Group is owned by York Capital and Värde
Back after their $600 million grab of ALH-tenanted pubs in September, the Long WALE Investment Partnership is set to buy another $200 million of the blue-chip freeholds. Last year the listed Charter Hall Group teamed up with superannuation giant Hostplus to form the LWIP, each chipping in a lazy $150 million for the entity, which
CHARTER HALL AND HOSTPLUS TO BUY $200m MORE PUBS Read More »
The Urban Purveyor Group is planning “aggressive” growth likely to see initiatives such as the franchising of its popular Bavarian Bier Cafes. Late 2014 UPG appointed veteran Tom Pash as CEO, with founder John Szangolies assuming the role of executive chairman. Pash has previously been CEO of a US REIT that amassed a $2bn hospitality
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