Hotel Property Investments Ltd (ASX:HPI)
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Hotel Property Investments Ltd (ASX: HPI) is an Australia-based owner of freehold properties located across Queensland and South Australia. The group primarily holds a portfolio of pub sites and on-site specialty stores. It generates revenue from rental income, 95% of which is derived from leasing the pubs while remaining 5% comes from specialty tenants leasing the specialty stores located on the pub sites. Coles group and Australian Leisure & Hospitality, joint venture of Woolworths group, are the major lessee of group’s portfolio.