ALE

ALE FY18 RESULTS MEASURE CONTINUED SUCCESS IN PUB BUSINESS

Posted on August 10th, 2018 by Clyde Mooney
ALE’s results for FY18 herald continued strength in the Australian pub sector, showing strong valuations, record low debt and market-leading returns for investors. Listed entity ALE (ASX: LEP) is the biggest landlord to Australia’s biggest publican, the majority Woolworths-owned Australian

2017 RESULTS PROPHETIC FOR A-GRADE A-REIT ALE

Posted on February 16th, 2018 by Clyde Mooney
The biggest landlord to Australia’s biggest publican reports strong half-yearly results, boding well for the industry and commercial interests. Listed A-REIT ALE (ASX: LEP) released end of 2017 results Wednesday, showing distributable profit down slightly (three per cent) but distributions

ALE TESTS MARKET WITH BERWICK

Posted on October 6th, 2017 by Clyde Mooney
In a market probing for opportunity, Australia’s biggest pub landlord is testing the waters with one of its prized ALH-leased properties, Paddington’s Berwick Hotel. The ASX-listed ALE (ASX: LEP) holds a portfolio of 86 properties across the five mainland States,

ALE BASKS AS WOOLWORTHS SWEATS

Posted on August 8th, 2016 by Clyde Mooney
ALE EOFY results saw dividend increases and prosperity predicted to arise from growth and opportunities in partnership with ALH – backed by flustered supermarket giant Woolworths. In days since the announcement (ASX: LTN) ALE’s securities have remained steady around $4.34

ALE REVEALS LATEST PORTFOLIO VALUATION JUMP

Posted on June 17th, 2016 by Clyde Mooney
The original ALH landlord has posted its half-yearly property results, demonstrating why the hotel market continues to attract hungry investment. Listed entity ALE (ASX: LEP) reports the value of its portfolio of 86 freeholds grew by a healthy 10 per

UPSIDE SEES $773m BID FOR ALH LANDLORD REJECTED

Posted on October 16th, 2015 by Clyde Mooney
The largest shareholder of the largest landlord to Australian Leisure & Hospitality (ALH) made an unsuccessful takeover bid on Wednesday. The ASX-listed ALE real estate investment trust (REIT) consists entirely of a $900 million portfolio of properties, exclusively rented to

MORE PROFITS PENDING FOR ALH’S LANDLORD

Posted on August 10th, 2015 by Clyde Mooney
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

ALH’s 1968-built Burvale Hotel in heritage brouhaha

Posted on February 11th, 2015 by Clyde Mooney
An ALH pub in outer Melbourne has become embroiled in a heritage debate that would appear to contradict the buildings own origins. Built less than 50 years ago in 1968, the Burvale Hotel/Motel is a largely unaltered example of work