Hotel Property Investments: Interim result 2016

The mining downturn hitting Queensland hasn’t affected the value of HPI’s pubs

In Hotel Property Investments: Result 2015 we noted that ‘despite most of its properties being located in Queensland, which is still suffering from the mining downturn, we wouldn’t be surprised if capitalisation rates fell given the competition for pubs, particularly those like HPI’s which are leased to subsidiaries of Woolworths and Wesfarmers’.

This is precisely what happened in the six months to 31 Dec 15, with the average capitalisation rate for this pub owner falling from 7.42% to 7.28%.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles