ALE Property Group Value Stock - Dividend - Research Selection
Ale property group
ISIN: AU000000LEP0 , WKN: 254461
Market price:
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Description of the company
ALE Property Group (ASX:LEP) is the owner of Australia\'s largest portfolio of freehold pub properties. Established in November 2003, ALE owns a portfolio of around 86 pub properties across the five mainland states of Australia. All of the properties are leased to Australian Leisure and Hospitality Group Limited (ALH) for an average initial term of around a further 13 years.