ForBar a fan of Investore's big box retail focus

Wed, 09 Sep 2020

Forsyth Barr continues to rate large format retail property group Investore Property as its top pick for listed property vehicles, and still sees upside in its share price. The investment manager’s 'outperform' rating comes on the back of another solid month for the listed property firms in August, with the S&P/NZX real estate gross index up 3.1 percent in the month, outpacing 1.8 percent increase in the broader S&P/NZX 50 gross index. Analyst Rohan Koreman-Smit said that result was led by Investore’s 10.6 percent increase for the month,...

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