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.
The best thing about LEP:Is not its dividends that are sitting...
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