Investore Property Tangible Book Value per Share

What does Investore Property do? Investore Property Ltd, listed on the New Zealand stock exchange with ticker IPL.NZ and ISIN NZIPLE0001S3, is a real estate investment company based in Auckland, New Zealand. The company went public through an IPO on July 12, 2016. Investore Property focuses on investing in large format retail properties across New Zealand, with a portfolio consisting of 44 properties. These properties range from standalone supermarkets to large retail centers, featuring a high concentration of nationally recognized brands and tenants. The company's tenants include well-known names such as Countdown, New World, Pak’nSave, Bunnings, Mitre 10, Rebel Sport, Briscoes, Hunting & Fishing, Freedom Furniture, McDonald’s, Resene, and Animates. Specific properties in the portfolio include 24 Anzac Road, 326 Great South Road, 35A St Johns Road, 507 Pakuranga Road, 3 Averill Street, Cnr Church & Selwyn Streets, Cnr Te Irirangi Drive & Bishop Dunn Place, 112 Stoddard Road, and 226 Great South Road, among others. The company is managed by Stride Investment Management Limited (SIML), which oversees its investment activities. Investore Property's website is www.investoreproperty.co.nz. The company's business model centers on acquiring and managing retail properties that house prominent national retail chains, aiming to generate stable rental income through long-term leases with established tenants. Its focus on large format retail properties positions it within the broader real estate sector, specifically targeting commercial real estate investments in the retail space. Investore Property is one of the most popular companies on Eulerpool.