New dividend reinvestment plan for Investore Property

New dividend reinvestment plan for Investore Property
Investors heard that supermarkets tended to do well, even in a tighter economic environment. (Image: Investore Property)
Ella Somers
Investore Property's dividend reinvestment plan got little fanfare at its annual general meeting on Wednesday, as the property company looked at how it could get ahead in a tough macro environment.Chair Mike Allen said Investore had continued to grow its portfolio and the board was conscious of the risk posed in the current environment and was continuing to take a “proactive and prudent” approach.Investore has 44 properties in its portfolio and 143 tenants. The company saw its portfolio valuation decline by 14.9%, or $185.2...

More Property

Developer Profico Group in liquidation
Property

Developer Profico Group in liquidation

Profico Group developed in both Christchurch and Auckland.

Du Val accountant censured and fined
Property

Du Val accountant censured and fined

Nicola Adam acted on instruction from Kenyon Clarke and minority shareholders.

Maria Slade 17 Sep 2025
Most Du Val investors unlikely to get anything
Property

Most Du Val investors unlikely to get anything

The statutory manager has released its latest report into the failed property group.

Maria Slade 16 Sep 2025
Oceania forecasts sales lift as it targets debt
Property

Oceania forecasts sales lift as it targets debt

It said sales applications had lifted 23% between July and August.

Gregor Thompson 16 Sep 2025