Hotel Property Investments (ASX: HPI)
Australia flag Australia · Delayed Price · Currency is AUD
3.780
0.00 (0.00%)
Dec 20, 2024, 4:10 PM AEST

ASX: HPI Company Description

HPI owns a Portfolio of freehold hotels and associated specialty tenancies located throughout Queensland and South Australia.

The pubs are leased to the Queensland Venue Company (“QVC”), a joint venture between Coles group and Australian Venue Company, and to Australian Leisure & Hospitality ("ALH"), a joint venture 75% owned by the Woolworths group.

HPI’s objective is to maximise the long term income and capital returns from its investments for the benefit of its Securityholders.

Approximately 93% of the income is earned from the pubs leased to QVC and ALH. The remaining rental income is derived from Speciality Tenants leasing the On-site Specialty Stores.

Specialty Tenants include a mix of franchisors and franchisees including 7-Eleven, Nightowl, Nando’s, Subway, Noodle Box, The Good Guys and Quest Apartments.

The Responsible Entity of the Trust is Hotel Property Investments Limited.

Hotel Property Investments
Country Australia
Founded 1981
Industry REIT - Diversified
Sector Real Estate
Employees 10
CEO John White

Contact Details

Address:
Suite 2, Level 17, IBM Centre
Melbourne, 3006
Australia
Phone 61 3 9038 1774
Website hpitrust.com.au

Stock Details

Ticker Symbol HPI
Exchange Australian Securities Exchange
Fiscal Year July - June
Reporting Currency AUD
ISIN Number AU000000HPI9
SIC Code 6798

Key Executives

Name Position
John Risely White Chief Executive Officer, MD and Director
Blair Strik Chief Financial Officer and Company Secretary