ALH

CHARTER HALL LONG WALE PUB REIT – LONGER AND STRONGER

Posted on April 5th, 2017 by Clyde Mooney
Charter Hall’s pub REIT has stepped up expansion plans, retiring bank debt in favour of a A$200 million US Private Placement note as it chases “sustainable and growing returns” for its investors. The Long WALE Investment Partnership (LWIP), 45 per

QLD VENUES HIT FOR FIRE BREACHES

Posted on March 6th, 2017 by Clyde Mooney
Two Queensland venues have been charged and fined for breaches relating to maintaining their fire systems. Queensland Fire and Emergency Services (QFES) officers conducted a routine inspection of the monitored alarm system at Magnums Hotel on Airlie Beach, which is

ALH’S CROXTON PARK COULD SEE CLAIM FOR PAIN IN THE NECK

Posted on January 16th, 2017 by Clyde Mooney
ALH’s Croxton Park Hotel in Thornbury could see a lawsuit by a former employee, seeking unspecified damages for an injury sustained in March, 2006. The Herald Sun reports that former barmaid Bianca Elizabeth Carlesi is suing the Hotel, claiming she

TSEKOS SNAGS ALH’S IRON HORSE FOR $15m

Posted on December 12th, 2016 by Clyde Mooney
Leo Tsekos has won the title to ALH’s Iron Horse Hotel with a cheeky last bid at the auction for the blue-chip investment property in the heart of Newcastle. A strong crowd gathered for Burgess Rawson’s final commercial auction of

GOLDMAN SACHS CALLED TO BROKER REDCAPE SALE

Posted on September 7th, 2016 by Clyde Mooney
As the money-shuffling strategies of its hedge fund owners continues, another potential sales process has emerged for Australia’s high-profile pub group. New York-based Värde Partners and York Capital Management hold the deeds to the gaming-centric Redcape Hotel Group, but will

WOW FIGURES SHED LIGHT ON ALH DILEMMA

Posted on August 26th, 2016 by Clyde Mooney
Australia’s biggest pub operator is the crux of a profitability dilemma for its majority owner Woolworths, as the supermarket giant weighs up bottom line and a PR crisis. Woolworth Limited (ASX: WOW) yesterday announced its full year results for FY16,

IS THAT A TURKEY IN YOUR PANTS, OR …

Posted on August 15th, 2016 by Clyde Mooney
An opportunistic thief was sprung in the act in ALH’s Vale Hotel, prompting threats with a handy steak knife and escape with a Wild Turkey down his pants. The would-be thief was seen trying to get into the cash register

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