FULL YEAR RESULTS: INSIGHT ON HOSPITALITY PROPERTY AND PRODUCT

Woolworths’ and Charter Hall’s full year profit results offer perspective on the big-picture health of the hospitality and liquor markets. Australian supermarket giant Woolworths, 75 per cent owner of the country’s largest pub group, ALH, continues its bold recovery plans

LONG WALE GETS LONGER WITH ALH

Charter Hall and Hostplus’ Long WALE REIT has extended its relationship with Australia’s biggest publican, buying three hotels in a sale and leaseback deal worth $23.2 million. Long WALE (Weighted Average Lease Expiry)(ASX: CLW) is managed by Charter Hall Group