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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Property
2 mins to read

Analysts downgrade Investore as large format retail runs too hot

The NZX-listed fund has performed strongly but hasn’t managed to apply its capital.

Andrew Bevin Tue, 20 Apr 2021

NZX-listed Investore Property could be the victim of its own success as its large format retail asset class, which boomed through the pandemic, becomes too hot to handle.

In late July, research firm Forsyth Barr gave the property fund an ‘outperform’ rating due to its certainty of rent

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Andrew Bevin Tue, 20 Apr 2021
Contact the Writer: andrew@nbr.co.nz
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Analysts downgrade Investore as large format retail runs too hot
Property,
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