ALE Property: Interim result 2016

This listed property company’s result contained no surprises, which is just how we like it.

It was a case of ‘the more things change, the more they stay the same’ with ALE Property’s interim result.

The value of ALE’s properties rose by 6% from $901m to $954m due to a fall in its average capitalisation rate from 5.99% to 5.74%.

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