ALE Property Group

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ALE Property Group is an A-REIT that lives up to its name -- it's Australia's largest listed owner of freehold pubs. Its ASX ticker symbol is LEP.

ALE Property was set up in November 2003 and now owns over 100 pubs in Australia's five mainland states. All these pubs are leased to Australian Leisure and Hospitality Group Limited (ALH) for 20 years. Andrew Wilkinson is the Managing Director.

Their headquarters are in Sydney Australia.

ALE Property Group Portfolio:

Ashley, Braybrook; Olinda Creek, Lilydale; Bayswater, Bayswater Pier, Frankston; Berwick, Berwick; Plough, Mill Park; Blackburn, Blackburn; Prince Mark, Doveton; Blue Bell, Wendouree; Rifle Club, Williamstown; Boundary Hotel, East Bentleigh; Rose Shamrock & Thistle, Reservoir; Burvale, Nunawading; Royal Essendon, Essendon; Club Hotel, Ferntree Gully; Royal Exchange, Traralgon; Cramers, Preston; Royal Sunbury, Sunbury; Davey's Hotel, Frankston; Sandbelt Club, Moorabbin; Deer Park, Deer Park; Sandown Park, Noble Park; Doncaster Hotel/Motel, Doncaster; Sandringham; Elsternwick, Elwood; Somerville; Eltham; Stamford, Rowville; Ferntree Gully Hotel/Motel, Ferntree Gully; Sylvania, Campbellfield; Gateway, Corio; Tudor Inn, Cheltenham; Keysborough; Vale, Mulgrave; Mac's Melton, Melton; Victoria, Shepparton; Meadow Inn, Fawkner; Village Green, Mulgrave; Mitcham; Westmeadows; Morwell; Young & Jackson, Melbourne; Blacktown Hotel, Blacktown; New Brighton Hotel, Manly; Brown Jug Hotel, Fairfield Heights; Parkway Hotel, Frenchs Forest; Colyton Hotel, Colyton; Pioneer Hotel, Penrith; Crows Nest Hotel, Crows Nest; Pritchard's Hotel, Mt Pritchard; Kirribilli Hotel, Kirribilli; Pymble Hotel, Pymble; Melton Hotel, Auburn; Smithfield Tavern, Smithfield; Narrabeen Sands Hotel, Narrabeen; Blacktown Hotel, Blacktown; Aberfoyle Hub, Aberfoyle Park; Gepps Cross, Blair Athol; Enfield, Clearview; Hendon, Royal Park; Eureka, Salisbury; Ramsgate, Henley Beach; Exeter; Stockade Tavern, Salisbury; Finsbury, Woodville North; Balmoral Hotel, Victoria Park; Sail & Anchor Hotel, Fremantle; Queens Tavern, Highgate; and The Brass Monkey, Northbridge.

Therefore, ALE Property Group is a real estate investment trust that is well-positioned to profit from the alcohol-thirst of Australians. The last I heard, Australians drank more beer per capital than Germans AND more wine per capita than the French, so it should be profitable.

Next: Living and Leisure Australia Group -- Oceanus Groups and tree top walks

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