Business Services Industry

Pub sales 'show confidence is up'.

Australasian Business Intelligence, June, 2009

Byline: Maurice Dunlevy

Jun 22, 2009 (The Australian - ABIX via COMTEX) -- Despite the concern over anti-smoking laws subsiding, the listed pub investment sector in Australia remains mostly subdued. Poker machine revenue has recovered, but valuations for the properties have weakened. A positive sign has come in the shape of the sale of two pub assets in Queensland for $A12.5m by National Leisure & Gaming to Australian Leisure & Hospitality Group.

Publication Date: 23 June 2009

 
NATIONAL LEISURE AND GAMING LIMITED - ASX NLG 
AUSTRALIAN LEISURE AND HOSPITALITY GROUP LIMITED 
WOOLWORTHS LIMITED - ASX WOW 
BRUANDWO PTY LTD 
AUSSIE LEISURE GROUP PTY LTD 
ALE PROPERTY GROUP - ASX LEP 
AUSTRALIAN LEISURE AND ENTERTAINMENT PROPERTY MANAGEMENT...

            
        
    
    	    
                
                
	
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