Stride Property

Stride Property Group is a stapled group comprising Stride Property Limited ("Stride") and Stride Investment Management Limited ("SIML"). Stride is a listed portfolio investment entity (PIE) that invests in New Zealand office, retail and industrial property. SIML is a real estate investment manager. SIML currently manages Diversified NZ Property Trust and its predecessor fund Diversified NZ Property Limited, Stride and Investore Property Limited ("Investore"). Investore is an NZX listed property company specialising in large format retail assets.

Stride Property Group was formed in July 2016 when SIML was demerged from Stride in a distribution of all of the SIML shares to Stride shareholders and the shares of each company were stapled so that they could only be transferred as a parcel of one Stride share and one SIML share.


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.strideproperty.co.nz
First Listed: 12/07/2016
Balance Date: 31 March
AGM: 29/06/2023

Directors and Executives

Ross Buckley
Independent Director
Louise Hill
Company Secretary
Nicholas Jacobson
Independent Director
Tracey Jones
Director
Adam Lilley
General Manager
Philip Littlewood
Chief Executive Officer
Jacqueline Robertson Independent Director
Jessica Rod
General Manager
Tim Storey
Independent Chairman
Michelle Tierney
Independent Director

Announcements

Title Date Type
SPH Notice - FirstCape Group Limited Wed, May 01 2024 05:08 pm SHINTR
Annual Meetings and Director Nominations Closing Date Wed, Apr 24 2024 04:41 pm ADMIN
Change to Executive Team Wed, Apr 24 2024 01:34 pm ADMIN
D&O Ongoing Disclosure Tue, Apr 16 2024 04:13 pm SHINTR
Issue of Employee Shares and Rights Tue, Apr 16 2024 01:05 pm SECISSUE
D&O Ongoing Disclosure Mon, Mar 18 2024 03:00 pm SHINTR
Allotment of Dividend Reinvestment Plan Securities Wed, Mar 13 2024 11:54 am SECISSUE
Industre Commits to New Development at Wickham Street Tue, Mar 05 2024 02:30 pm GENERAL
Dividend Reinvestment Plan Issue Price Set Fri, Mar 01 2024 09:33 am CORPACT
FY24 Third Quarter Dividends Fri, Feb 16 2024 02:55 pm CORPACT

Major Holdings Announcements

Date Name No. Held % Current
25/01/24 Accident Compensation Corporation 63,361,650 10.18 11.43
03/10/23 ANZ New Zealand Investments Limited 73,875,703 12.40 13.43
03/12/21 Jarden Securities Limited and Harbo 19,079,385 5.43 3.61
15/02/18 Salt Funds Management Limited 17,837,550 5.00 4.89
29/11/17 ANZ NZ Investments Ltd and ANZ Bank 45,106,219 11.12 12.36

Director’s Interests Announcements

Date Name No. Held % Details Other
22/12/23 Philip Michael Littlewo 449,447 - - -
14/12/23 Jennifer Marie Whooley 555,015 - - -
28/07/23 Michelle Patricia Tiern 10,000 - - -
05/07/23 Tracey Kim Jones 7,235 - - -
17/12/21 Edward John Harvey 148,234 - - -
09/12/21 Timothy Ian Mackenzie S 159,916 - - -
01/12/21 Ross James Buckley 25,000 - - -
02/12/20 Philip Ling 10,000 - - -
02/12/20 Jacqueline Cheyne 10,500 - - -
02/12/20 Nicholas Simon Jacobson 65,000 - - -
31/03/17 Peter John Alexander 400,000 - - -

Analysts’ Forecasts

profit2021 profit2022 eps2021 dps2021 sales2021 ebit2021 ebitda2021
mean 88.5 10.6 8.0 80.3 79.6 79.6
high 88.5 10.6 8.0 80.3 79.6 79.6
low 88.5 10.6 8.0 80.3 79.6 79.6
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: 22/12/2023


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