Investore Property confirms guidance for FY19 annual cash dividend

Wed, 27 Jun 2018

By Margreet Dietz June 27 (BusinessDesk) - Investore Property told shareholders it will focus on potential acquisition and development of adjoining and adjacent properties, redevelopment for so-called brownfields — contaminated and underused industrial and commercial properties — as well as a potential share-buyback programme. At its annual general meeting for shareholders, the Auckland-based large-format retail property investor managed by Stride Property confirmed guidance for an annual cash dividend payment of 7.46 cents a share for it...

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