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
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
D&O Ongoing Disclosure Mon, Dec 16 2024 04:11 pm SHINTR
D&O Ongoing Disclosure Thu, Dec 12 2024 11:24 am SHINTR
SPH Notice - Forsyth Barr Investment Management Limited Wed, Dec 11 2024 03:22 pm SHINTR
Allotment of Dividend Reinvestment Plan Securities Tue, Dec 10 2024 11:50 am SECISSUE
Dividend Reinvestment Plan Issue Price Set Thu, Nov 28 2024 01:13 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


Markets News

Pricing and cost expectations may raise RBNZ eyebrows
Economy

Pricing and cost expectations may raise RBNZ eyebrows

ANZ Bank chief economist Sharon Zollner: the lift is "becoming a little disconcerting".

Primary Sector

Who is Mainland Group's chair-elect Liz Coutts

From CEO at 31 to one of NZ's most sought-after directors.

Who is Mainland Group's chair-elect Liz Coutts
Markets Market Close

NZ sharemarket down 0.1%, but AIA up 11c

The S&P/NZX 50 Index closed at 12,270, down 17.46 points or 0.14%.

Graham Skellern 31 Mar 2025
NZ sharemarket down 0.1%, but AIA up 11c
Markets

NZME delay shows the company is out of ideas: Grenon

"That's really the best move they've got, isn't it?" Jim Grenon says.

NZME delay shows the company is out of ideas: Grenon
Markets

NZME board drama: shareholder showdown delayed

NZME says crunch governance meeting will now be in June after it received legal advice.

NZME board drama: shareholder showdown delayed