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Hotel Property Investments Ltd. (HPI)

Delisted
ASX ASX
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Summary

HPI is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on 1 different exchanges and in various currencies, with the primary listing on ASX (AUD).

Hotel Property Investments Ltd. Profile

REIT - Diversified Industry
Real Estate Sector
Mr. Blair Strik CEO
ASX Exchange
AU000000HPI9 ISIN
AU Country
- Employees
30 Dec 2024 Last Dividend
- Last Split
- IPO Date

Overview

Hotel Property Investments (HPI) focuses on owning a diverse portfolio of freehold hotels and associated specialty tenancies primarily across Queensland and South Australia. Its major leasers are the Queensland Venue Company (QVC) and Australian Leisure & Hospitality (ALH); these are notably high-profile joint ventures partnered with Coles Group and Woolworths Group respectively, making up 93% of HPI's income. HPI aims at maximizing long-term income and capital returns for its Securityholders through strategic investments in the hospitality and retail sectors. Led by Hotel Property Investments Limited as the Responsible Entity, the Trust also garners rental income from specialty tenants occupying on-site properties, enhancing HPI's revenue streams beyond traditional pub leasing.

Products and Services

  • Leased Pub Properties

    HPI's primary investment focuses on freehold hotels leased to major operators, including the Queensland Venue Company and Australian Leisure & Hospitality. These pubs, situated throughout Queensland and South Australia, form the backbone of HPI's rental income, supported by long-term leases with established hospitality ventures.

  • Specialty Tenancies

    Beyond pub leasing, HPI diversifies its income through renting space to a variety of specialty tenants. These tenants range from retail franchises to service providers, including:

    • 7-Eleven: A global leader in convenience retailing.
    • Nightowl: A convenience store franchise, offering quick and easy shopping solutions.
    • Nando's: An international casual dining restaurant chain specializing in Portuguese-style chicken dishes.
    • Subway: One of the fastest-growing franchises in the world, offering fresh, healthy submarine sandwiches.
    • Noodle Box: A fast-casual restaurant franchise serving up a variety of noodle dishes.
    • The Good Guys: A retail chain specializing in electronic and home appliances.
    • Quest Apartments: A provider of serviced apartment accommodations suitable for short and long term stays.

    This strategy not only maximizes the utility of HPI's property portfolio but also ensures a stable flow of rental income through diversification within the retail and services sectors.

Contact Information

Address: Suite 2, Level 17, IBM Centre, Melbourne, VIC, Australia, 3006
Phone: 61 3 9038 1774