Hotel Property Investments (ASX:HPI)

APAC company
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Trading AccountISAJISASIPP

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Market Info - HPI

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Company Info - HPI

  • Market CapAUD0.000m
  • SymbolASX:HPI
  • IndustryReal Estate
  • SectorREIT - Diversified
  • Currency
  • ISINAU000000HPI9

Company Profile

Hotel Property Investments is an Australian REIT with a portfolio of freehold pub properties primarily in Queensland. Its portfolio is almost exclusively leased to Queensland Venue Company on triple-net long-term leases where the tenant is responsible for outgoings (except land tax in Queensland), resulting in relatively low maintenance expenses. Most leases also provide for annual rental increases typically at the lower of 4% or two times the average of the last five years consumer price index.Hotel Property Investments is engaged in real estate investment in the freehold pub sector in Australia. It owns a portfolio of freehold properties, consisting of pubs along with associated specialty tenancies.

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