Hotel Property’s in Line 1H19 Results See No Change to its AUD 3.05 FVE
Broadly in line first-half fiscal 2019 results see no change to no-moat Hotel Property Investments’ fair value estimate of AUD 3.05 per share. Highlights include a 4.1% increase in rental revenue primarily driven by annual rent increases and the rental uplift from the Quest Griffith acquisition in fiscal 2018, partly offset by the rental loss from the sale of the Wickham hotel in the first half of fiscal 2019. Management also guided to a fiscal 2019 dividend of AUD 19.9 cents per security, or cp...Hotel Property Investments is an Australian Real Estate Investment Trust. Co. is engaged in real estate investment in the pub freehold sector in Australia. Co. owns a portfolio of 48 investment properties including 41 freehold pubs (and adjacent specialty tenancies) and 7 detached bottleshops leased to members of the Coles Group.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.