The best thing about LEP: Is not its dividends that are sitting around 12%. Is not that it owns 100 of the best hotels in Oz and has Woolworths as a long term tenant for the majority of these premises. Is not that it is rated one of the best real estate trusts in OZ and has a very manageable debt profile. For me it is that it owns Young and Jacksons and whenever I am in Melboune I can sit in the bar upstairs and claim part ownership to Chloe.
LEP Price at posting:
$2.08 Sentiment: Hold Disclosure: Held
