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	Fri, Apr 19 2024 02:27 pm	ADMIN
Investore Property Limited (NS) (“IPL010”) – Maturity	Thu, Mar 28 2024 12:53 pm	MEMO
IPL010 Bond Maturity	Thu, Mar 28 2024 08:30 am	GENERAL
D&O Ongoing Disclosure	Mon, Mar 18 2024 12:30 pm	SHINTR
Allotment of Dividend Reinvestment Plan Securities	Mon, Mar 18 2024 11:42 am	SECISSUE
Dividend Reinvestment Plan Issue Price Set	Wed, Mar 06 2024 10:25 am	CORPACT
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

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