ALE Property Group, the landlord for Woolworths-backed operator ALH, is collecting more rent as a series of scheduled rent reviews are resolved in its favour with 10 per cent escalations.
The pubs owner's passing net rent has increased 4.47 per cent to $59.17 million following the partial completion of the 2018 rent review.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com
