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2019
Highlights
2019 Highlights
Highlights
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86
Properties
ALE is Australia’s largest listed pub property owner with 86 properties located across mostly metropolitan areas of the five mainland states of Australia.
Properties
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$13.5m
Average Property Value
ALE’s portfolio of pubs has an average value of $13.5 million. The market is currently strong for smaller value properties with high quality inflation indexed leases.
Average Property Value
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5.09%
Average Yield
At 5.09% ALE’s portfolio has demonstrated a strong and stable profile over many years in what has been a volatile investment market.
Average Yield
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$1,163m
Total Property Value
ALE’s portfolio has been assessed at $1,163 million reflecting the locations, quality of tenant (Australian Leisure and Hospitality Group Pty Ltd) and unique leasing arrangements.
Total Property Value
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9.3 yrs + 40 years of options
Average Lease Term
All ALE’s properties are leased to ALH on long term leases with an average remaining initial term of around 9.3 years + 40 years of options.
Average Lease Term
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95 Hectares
Total Land Area
ALE’s portfolio of 86 pub properties has a total land area of around 95 hectares or nearly ONE SQUARE KILOMETRE, which represents over half of the Melbourne’s core CBD.
Total Land Area
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1.1 Hectares
Average Land Area
The average land area per pub of ALE’s portfolio is approximately 1.1 Hectares which is equivalent to nearly nine Olympic swimming pools.
Average Land Area
All information is as at 30 June 2019 and all areas are approximations only.
