Investore strides ahead on its retail ambitions

Tue, 28 Apr 2020

Listed retail property owner Investore has reported a marginal improvement in the value of its property portfolio to $761.4 million to 31 March 2020, in spite of uncertainty over covid-19. In an update today, it confirmed the $140.75 million purchase of three retail properties from its manager, Stride Property, would go ahead after being signed off by the Overseas Investment Office. It said settlement is expected this Thursday, April 30. It noted that the independent valuations across its retail portfolio, originally received in early Ma...

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