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
View Top Employees from ALE Property GroupWebsite | http://www.alegroup.com.au/ |
Ticker | LEP |
Revenue | $88 million |
Employees | 3 (3 on RocketReach) |
Founded | 2003 |
Address | 6 O'Connell Street, Level 10, Norwich House, Sydney, New South Wales 2000, AU |
Phone | +61 2 8231 8588 |
Fax | +61 2 8231 8500 |
Technologies |
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Industry | Leasing Non-residential Real Estate, Real Estate, Property Investment, Property Management, Capital Management |
Web Rank | 13 Million |
Keywords | Ale Property Group Listings, Ale Property Group, Ale Proporty Reit |
Competitors | Dexus, GGP, Investa, Lendlease, The GPT Group |
SIC | SIC Code 653 Companies, SIC Code 65 Companies |
NAICS | NAICS Code 531 Companies, NAICS Code 5313 Companies, NAICS Code 53139 Companies, NAICS Code 531390 Companies, NAICS Code 53 Companies |
Looking for a particular ALE Property Group employee's phone or email?
The ALE Property Group annual revenue was $88 million in 2024.
3 people are employed at ALE Property Group.
ALE Property Group is based in Sydney, New South Wales.
The NAICS codes for ALE Property Group are [531, 5313, 53139, 531390, 53].
The SIC codes for ALE Property Group are [653, 65].