ASX-listed Lantern Hotel Group reports it is on track to turn around, now listing its final Queensland pub as per its strategic divestment of non-core assets. Last week it put to market its freehold interest of Cairns’ iconic Courthouse Hotel, and now begins completion out of Queensland with the freehold going concern of Bundaberg’s Central […]
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
Australia’s only listed brewer is rolling out its new national craft beer on-premise focus, after reducing its commitment to brew for Woolworths and winning the AIBA top award. Based in Western Australia, the ASX-listed Gage Roads Brewing (GRB) has brewed big success making high-volume beers under contract for Pinnacle Liquor Group P/L – a subsidiary
SHIFTING MARKET AND BIG AIBA WIN SEES ASX-LISTED BREWERY CHANGE DIRECTION Read More »
The Australian Financial review reports Dixon Hospitality is one step closer to its rumoured IPO, with another “chunky acquisition” expected to be announced soon. The operation, fronted by father and son team Bruce and Michael Dixon, has been on an aggressive acquisition path since its inception in 2012. Starting as a charter cruise business, it
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
“WE KEEP TO A SIMPLE RECIPE” – ALE TALKS LATEST PROFIT RESULTS Read More »
As mobile phone technology continues to reinvent so many aspects of life, Australian start-up Clipp has attracted a large investment that will help take its innovation to the next level. The ASX-listed Mobile Embrace (MBE) has paid a little over $2 million for a 31 per cent stake in Clipp, recognising the potential in its
AUSSIE START-UP TIPPED TO “DISRUPT” MOBILE PAYMENT SYSTEMS Read More »
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