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Investore buys another Countdown-anchored property for $37.3m taking its tally to 35 Countdowns


Supplied
Philip Littlewood, chief executive of Stride Investment Management, which manages Investore, says Investore has a clear strategy to grow its portfolio of large format retail stores.
Chief executive of Stride Investment Management, which manages Investore, Philip Littlewood, said the $37.3m purchase was a continuation of its growth strategy and its target of large format retail stories.
The supermarkets were sought-after property. They typically had longer leases and offered an essential service therefore lowering risk.
“We’ve had quite a clear strategy to grow the portfolio over the last 12-18 months.” It had acquired three properties from Stride Property mid last year for about $140m. ....

New Zealand General , New Zealand , Philip Littlewood , Countdown Petone , Stride Investment Management , Stride Property , New World , புதியது ஜீலாந்து ஜநரல் , புதியது ஜீலாந்து , பிலிப் லிட்டில்வுட் , முன்னேற்றம் முதலீடு மேலாண்மை , முன்னேற்றம் ப்ராபர்டீ , புதியது உலகம் ,

Stride Property Ltd & Stride Investment Management Ltd (NZX: SPG) Share Purchase Plan Closes Oversubscribed


Stride Property Ltd & Stride Investment Management Ltd (NZX: SPG) Share Purchase Plan Closes Oversubscribed
Monday 14th December 2020
Stride Property Group is pleased to announce that its $40 million share purchase plan has closed oversubscribed.
The share purchase plan received strong shareholder support, being approximately 26% oversubscribed. Stride has elected to accept additional applications to bring the total amount accepted under the share purchase plan to $50 million. Applications will be scaled by reference to the number of Stride shares held as at 5pm on the record date (24 November 2020), and surplus application amounts will be refunded in accordance with the terms of the share purchase plan offer document dated 30 November 2020. ....

New Zealand General , New Zealand , Philip Littlewood , Stride Property Ltd Investment Management , Stride Property Limited , Stride Property Group , Chief Executive , Stride Property Ltd , Stride Investment Management , புதியது ஜீலாந்து ஜநரல் , புதியது ஜீலாந்து , பிலிப் லிட்டில்வுட் , முன்னேற்றம் ப்ராபர்டீ லிமிடெட் முதலீடு மேலாண்மை , முன்னேற்றம் ப்ராபர்டீ வரையறுக்கப்பட்டவை , முன்னேற்றம் ப்ராபர்டீ குழு , தலைமை நிர்வாகி , முன்னேற்றம் ப்ராபர்டீ லிமிடெட் , முன்னேற்றம் முதலீடு மேலாண்மை ,