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HPI eyes Woolworths pubs after $18.1m Brisbane buy

Listed pub and bottleshop owner Hotel Property Investments is eyeing up pubs being offloaded by the Woolworths-controlled ALH Group after making its first acquisition since floating in December last year.

Larry Schlesinger

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Listed pub and bottleshop owner Hotel Property Investments is eyeing off pubs being offloaded by the Woolworths -controlled ALH Group after making its first acquisition since floating in December last year.

HPI paid $18.1 million for Hotel HQ in Underwood, south-east Brisbane, on a net yield of 7.23 per cent.

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    Original URL: https://www.afr.com/property/commercial/hpi-eyes-woolworths-pubs-after-18-1m-brisbane-buy-20140819-j8vr0