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
FY24 Third Quarter Dividend Wed, Feb 21 2024 03:27 pm CORPACT
D&O Ongoing Disclosure Wed, Dec 13 2023 12:00 pm SHINTR
Allotment of Dividend Reinvestment Plan Securities Tue, Dec 12 2023 12:40 pm SECISSUE
Amended Dividend Reinvestment Plan Issue Price Set Thu, Nov 30 2023 02:36 pm CORPACT
Dividend Reinvestment Plan Issue Price Set Thu, Nov 30 2023 09:12 am CORPACT
Interim Results HY24 Thu, Nov 16 2023 08:30 am HALFYR
Portfolio Valuation Update Tue, Oct 03 2023 09:41 am GENERAL
D&O Ongoing Disclosure Wed, Sep 27 2023 04:44 pm SHINTR
Allotment of Dividend Reinvestment Plan Securities Mon, Sep 25 2023 12:06 pm SECISSUE
Dividend Reinvestment Plan Issue Price Set Wed, Sep 13 2023 10:53 am 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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