ALE Property Group

ALE Property Group

Traded as	ASX:LEP
Fate	acquired

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).^[1][2]

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.^[1]

In December 2021 the company was acquired in a joint bid by Hostplus and Charter Hall.^{[3][4][2][5][1]}

See also

• Woolworths Group
• Australian Pubs

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.