ALE Property Group is the best performing LPT over the past three years, according to a UBS Investment Research Real Estate Management Report.
According to UBS, ALE has boasted a total return of 60.0% per annum over that period.
At the same time, the sector average 23.2% per annum as measured by the ASX/S&P Property 300 Accumulation Index.
ALE’s managing director Andrew Wilkinson said ALE’s outstanding performance may be attributed to a combination of a strong business model, innovative capital structure and a clear focus on adding value.
The top five total returns in the UBS report were ALE Property Group 60.0% per annum; Macquarie Leisure 51.3% per annum; Macquarie Goodman 44.0% per annum; Centro Properties Group 43.3% per annum and Tourism & Leisure Trust 39.6% per annum.
By Adam Parsons
