ALE started life as an ASX listed entity in November 2003 following the divestment by Foster’s Group of its pub property portfolio. All the properties are leased to ALH (a 75% subsidiary of Woolworths Limited) for terms averaging around 13 years plus options for ALH to extend for up to a further 40 years.
As at 30 June 2015, ALE is Australia’s largest listed freehold owner of pubs with 86 properties across Australia’s five mainland capital cities. Some of the iconic properties include the Breakfast Creek Hotel (Brisbane), the Crows Nest Hotel (Sydney) and the Young & Jackson (Melbourne). The pubs in ALE’s portfolio have been successfully operating at their current locations for an average 60+ years.
ALE has consistently focused on opportunities to add value for its 5,000+ securityholders through proactive asset and capital management. Over the past 12 years ALE’s market capitalisation has grown from around $90 million to more than $700 million at 30 June 2015. This has delivered a compound annual return of around 22%. ALE has consistently outperformed other AREITs.
Honours and Awards:
ALE Ranked 1st of 41 AREITs
BDO AREIT Survey 2015
ALE Ranked 4th of 39 AREITs
BDO AREIT Survey 2014
AREIT of the Year
PIR 2013
Longest Debt Instrument Issued by an AREIT
Insto Magazine 2006
Structured Finance Transaction of the Year
Insto Magazine 2004
Innovative Deal of the Year
Insto Magazine 2003
Company Details
- Employees
- 3
- Founded
- -
- Address
- 6 O'connell Street, Level 10,norwich House,australia
- Phone
- +(02) 8231 8588
- al****@****.com.au
- Industry
- Leasing Non-Residential Real Estate
- NAICS
-
Lessors of Nonresidential Buildings (except Miniwarehouses)
- Website
- alegroup.com.au
- HQ
- Sydney, New South Wales
Ale Property Group Questions
Ale Property Group's helpline number is +(02) 8231 8588
Ale Property Group's website is alegroup.com.au
Ale Property Group's LinkedIn profile is https://au.linkedin.com/company/ale-property-group
Ale Property Group has
3 employees.
View email and phone details for 3
employees at Ale Property Group.
Ale Property Group's industry is
Leasing Non-residential Real Estate
Ale Property Group's top competitors are
Ale Electronics,
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Ale Enerji̇ A.ş.,
Kinetica Group,
Ale Group,
Busways Group,
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Ale Kazakhstan | Heavy Lifting, Transport And Engineering Solutions,
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Ale Property Group's support email address is alegroup@alegroup.com.au
Ale Property Group's categories are Leasing Non-residential Real Estate
Ale Property Group's founding year is 2003
