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.
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 |