ALE Archives - PubTIC

CHARTER HALL & HOSTPLUS’ $1.7BN DEAL FOR ALE

Posted on September 22nd, 2021 by Clyde Mooney

Charter Hall and Hostplus have teamed again to pay around $1.7 billion for the entire portfolio of ASX-listed ALE – the previous largest pub landlord in the land. Funds manager Charter Hall has secured purchase of ALE (ASX:LEP) through the

ALH PUB SALE SETS NEW BENCHMARK

Posted on August 18th, 2021 by Clyde Mooney

Sale of ALH’s Tudor Inn has set a new high water mark for the asset class, as the first in blue chip divestments to dip below a four per cent yield. Set on a big 4,789sqm site on a corner

BLUE-CHIP SALES TIGHTENING YIELDS

Posted on August 13th, 2021 by Clyde Mooney

Sale frenzy continues around hotels as blue-chip assets, seeing an ALH pub in Brisbane set a new benchmark, as Melbourne’s Zagame family cash in more chips. Culminating its coming to market in July, the Royal Exchange Hotel in Brisbane has

ALH CUT LOOSE AS ALE BACKS OFF

Posted on June 21st, 2021 by Clyde Mooney

Australia’s largest publican is set to go it alone, as shareholders approve the demerger of Endeavour and ALE quietly divests more of the coveted ALH freeholds. On Friday 360k Woolworths shareholders overwhelmingly approved the spin-off of Endeavour Group from the

ALE LISTS THREE AS SEQ BOOMS

Posted on March 1st, 2021 by Clyde Mooney

Australia’s largest pub landlord is bolstering the bottom line, listing three southeast Queensland hotels, showing book value of close to $20 million. The listed ALE Property Group (ASX:LEP) owns the freehold on 86 pubs around the country. Its results for

ALE RECORDS VALUE GROWTH AND TIGHTER YIELDS

Posted on November 18th, 2020 by Clyde Mooney

Following completion of independent valuation and a rent-determination process, ASX-listed ALE Property Group has recorded a $51.6 million gain in the value of its 86-venue portfolio and further support to its case for rental increases. As of 31 October the

ALH FLAGS PUBS WON’T REOPEN AS ALE CALLS OUT MANAGEMENT

Posted on October 26th, 2020 by Clyde Mooney

Woolworths-backed ALH has flagged not reopening Melbourne pubs under restricted capacity, as landlord ALE drags the group back to court questioning the quality of management at venues. From 2 November licensed venues in Melbourne including pubs will be allowed to

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