Investore taps investors to buy Auckland’s Silverdale Centre

Investore taps investors to buy Auckland’s Silverdale Centre
Silverdale Centre is 30km north of Auckland central. (Image: Supplied)
Gregor Thompson
Investore Property has unveiled a package of initiatives that include buying the Silverdale Centre in Auckland from Stride Property for $114 million. The company momentarily went into a trading halt on Monday morning before announcing it would put the acquisition, a capital raise through convertible notes and changes to its management arrangements with Stride Property to shareholders.Investore said it has entered into a conditional agreement to buy the Silverdale Centre, a large-format retail complex in one of Auckland’s fastest...

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