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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
3 mins to read

Stride increases placement by $10m after strong demand

Analysts expect Fabric to come back to market in the first half of 2022.

Andrew Bevin Fri, 26 Nov 2021

Analysts expect to see a revisited IPO of NZX-listed Stride’s office investment subsidiary Fabric in the first half of 2022 following the company's capital raise.

Yesterday the property fund management company announced it would raise $120 million through a $100m placement at $2 a share and a

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Andrew Bevin Fri, 26 Nov 2021
Contact the Writer: andrew@nbr.co.nz
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Stride increases placement by $10m after strong demand
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