Investore

Investore Property is a real estate investment company focused on the ownership and leasing of large format retail locations. The company has 43 properties in New Zealand, 33 of which are leased to Countdown supermarkets. In 2020, the company’s property portfolio was valued at $980 million.

Investore is externally managed by Stride Investment Management and has been listed on the NZX since 2016.


Company Details

Registered Office: Level 12, 34 Shortland Street, Auckland 1010
Postal Address: Level 12, 34 Shortland Street, Auckland 1010
Telephone: +64 9 912 2690
Facsimile: n/a
Website: www.investoreproperty.co.nz
First Listed: 12/07/2016
Balance Date: 31 March
AGM: 28/06/2023

Directors and Executives

Mike Allen
Independent Chairman
Ross Buckley
Director
Louise Hill
Company Secretary
Tim Storey
Director
Grainne Troute
Independent Director
Adrian Walker
Independent Director

Announcements

Title Date Type
Annual Meeting and Director Nominations Closing Date Tue, Jul 22 2025 12:58 pm ADMIN
Acquisition of Bunnings New Lynn, Auckland Fri, Jun 27 2025 09:10 am GENERAL
SPH Notice - Accident Compensation Corporation (ACC) Thu, May 29 2025 04:05 pm SHINTR
FY25 Sustainability Report and Climate-Related Disclosures Wed, May 28 2025 08:47 am GENERAL
FY25 Annual Results Fri, May 16 2025 08:30 am FLLYR
D&O Ongoing Disclosure Thu, Mar 27 2025 05:11 pm SHINTR
Divestment of Woolworths Mount Roskill Tue, Mar 18 2025 01:32 pm GENERAL
Allotment of Dividend Reinvestment Plan Securities Fri, Mar 14 2025 01:07 pm SECISSUE
Dividend Reinvestment Plan Issue Price Set Tue, Mar 04 2025 03:06 pm CORPACT
FY25 Third Quarter Dividend Tue, Feb 18 2025 01:37 pm CORPACT

Major Holdings Announcements

Date Name No. Held % Current
09/08/23 Accident Compensation Corporation 36,374,230 8.83 9.90
27/07/23 Forsyth Barr Investment Management 29,576,043 7.05 8.05
02/12/22 ANZ New Zealand Investments Limited 29,777,169 9.16 8.10
09/06/22 Salt Funds Management Limited 18,367,180 5.01 4.99
27/11/20 Westpac Banking Corporation 18,033,753 5.03 4.90
20/05/20 Stride Property Limited 69,201,977 - 18.80
02/06/17 ANZ NZ Investments Ltd and ANZ Bank 37,592,793 13.36 14.36

Director’s Interests Announcements

Date Name No. Held % Details Other
13/12/23 Grainne Troute 33,756 - - -
15/07/22 Ross James Buckley 32,500 - - -
15/07/22 Adrian Miles Walker 10,000 - - -
20/05/20 Timothy Ian Mackenzie S 49,759 - - -
20/05/20 Edward John Harvey 49,759 - - -
20/05/20 Mike Allen 56,592 - - -

Analysts’ Forecasts

profit2021 profit2022 eps2021 dps2021 sales2021 ebit2021 ebitda2021
mean -120.2 8.1 7.2 61.1 52.3 52.3
high -120.2 8.1 7.2 61.1 52.3 52.3
low -120.2 8.1 7.2 61.1 52.3 52.3
sample 1 0 1 1 1 1 1

Disclaimer

Data on this page is from BusinessDesk and NZX Ltd for information purposes only. Details are believed to be accurate but no warranty is given as to accuracy, timeliness, reliability or completeness. No person should rely on the contents of the report and all persons should obtain independent professional advice before acting on any information connected with or contained in this report.
Last Updated: 12/12/2023


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