Woolworths announces sale and leaseback of $603 million hotel property portfolio Australian supermarket group Woolworths has announced the sale and leaseback by ALH Group Pty Ltd and a number of its wholly-owned...

Woolworths has acquired the businesses and associated assets of 31 hotels and one detached bottle shop in New South Wales. Through its hospitality company, ALH Group, Woolworths is taking out long-term...