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ALE FY18 RESULTS MEASURE CONTINUED SUCCESS IN PUB BUSINESS

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 Leisure & Hospitality (ALH). All of ALE’s 86 properties are ALH-tenanted pubs, with 83 of […]

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2017 RESULTS PROPHETIC FOR A-GRADE A-REIT ALE

Finance / 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 up (1.97 per cent). Directors’ valuations during the course of the year saw the book

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ALE TESTS MARKET WITH BERWICK

On the Market / 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, exclusively leased to Australian Leisure & Hospitality (ALH). The combined value of the portfolio tops

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ALE BASKS AS WOOLWORTHS SWEATS

Finance / 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 – trading at a healthy 71 per cent premium to their underlying value of $2.53.

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ALE REVEALS LATEST PORTFOLIO VALUATION JUMP

Finance / 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 cent in FY16, up $90.0 million to $990.48 million. ALE says the value uplift was

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“WE KEEP TO A SIMPLE RECIPE” – ALE TALKS LATEST PROFIT RESULTS

Finance / Clyde Mooney

It’s business as usual and business is good at Australia’s largest pub landlord, which has just posted a rosy outlook and profit lift as it continues to “focus on quality”. ALE owns the freeholds to 86 properties, exclusively leased to the country’s largest publican, Australian Leisure & Hospitality (ALH). The pair have largely pioneered the

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UPSIDE SEES $773m BID FOR ALH LANDLORD REJECTED

Finance / 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 Australia’s largest publican, the 75 per cent Woolworths-owned ALH. Already owning 25.84 per cent of

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MORE PROFITS PENDING FOR ALH’S LANDLORD

Finance / 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 emanating from the 86 pubs it owns and leases to the ever-strengthening Woolworths-backed Australian Leisure

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ALH’s 1968-built Burvale Hotel in heritage brouhaha

Changing Times / 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 by architects Jorgensen and Hough that stemmed from the changes in Victorian licensing laws. The

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WAUGH TAKES ON THE UNION

HISTORIC FORTUNE OF WAR RENEWED

NEW FOOD AND HOSPITALITY ‘SUPER EVENT’

LANDMARK MILL HOTEL ON OFFER FOR FIRST TIME

MARKETS FINED OVER GAMING BREACHES

LOCAL COUPLE TRANSFORMS BOLT INN INTO GOURMET GETAWAY

ALE

ALE FY18 RESULTS MEASURE CONTINUED SUCCESS IN PUB BUSINESS

2017 RESULTS PROPHETIC FOR A-GRADE A-REIT ALE

ALE TESTS MARKET WITH BERWICK

ALE BASKS AS WOOLWORTHS SWEATS

ALE REVEALS LATEST PORTFOLIO VALUATION JUMP

“WE KEEP TO A SIMPLE RECIPE” – ALE TALKS LATEST PROFIT RESULTS

UPSIDE SEES $773m BID FOR ALH LANDLORD REJECTED

MORE PROFITS PENDING FOR ALH’S LANDLORD

ALH’s 1968-built Burvale Hotel in heritage brouhaha

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