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ALE Property Group

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ALE Property Group
Traded asASX:LEP
Fateacquired

ALE Property Group (ASX: LEP) was an Australian-based publicly listed property funds management company that acted as the responsible entity for the Australian Leisure and Entertainment Property Trust (ALE Trust).

Prior to its acquisition the entity owned 82 pubs across Australia, all of which were leased to Endeavour Group's ALH Group, a leisure and entertainment operator owned by Bruce Mathieson.

In December 2021 the company was acquired in a joint bid by Hostplus and Charter Hall.

See also

References

  1. ^ "Hostplus, Charter Hall take out pubs owner ALE in $1.68b deal". Australian Financial Review. 2021-09-19. Retrieved 2023-06-17.
  2. ^ Prka, Rhys (2021-09-20). "Charter Hall (ASX:CLW) leads $1.68b takeover deal of ALE Property (ASX:LEP)". The Market Herald. Retrieved 2023-06-17.
  3. Bryan, Amanda (2021-09-24). "$1.7bn takeover bid for ALE Property Group". Australian Hotelier. Retrieved 2023-06-17.
  4. "Last orders for ALE". Intelligent Investor. Retrieved 2023-06-17.
  5. Struben, Bernd (2021-09-20). "Why the ALE Property (ASX:LEP) share price is rocketing 21% today". The Motley Fool Australia. Retrieved 2023-06-17.
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