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Hot Topic Scrutiny Week
Hot Topic Scrutiny Week
Investment
2 mins to read

Investore reports widening losses due to property revaluations

The investor in large retail property sites says its operating earnings remain resilient thanks to its quality portfolio, however.

Investore has a strong portfolio of everyday needs tenants, including Mitre 10

Maria Slade Thu, 16 Nov 2023

Large format retail property company Investore has reported a $66.5 million loss for the six months to September, on the back of large revaluations of its portfolio.

This compares to an after-tax loss of $27.7m at the same time last year.

The owner of 44 sites, including Tauranga’s Bay Central

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Investore reports widening losses due to property revaluations
Investment,
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