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Investore breaks acquisition drought with Petone supermarket

It's the NZX-listed property fund's first acquisition following a $100m capital raise last year.

Andrew Bevin Mon, 10 May 2021

NZX-listed Investore Property has made its first acquisition in more than a year, purchasing a Lower Hutt supermarket complex for $37.3 million.

The 1.2-hectare Petone large format retail property is anchored by Countdown, with a further five retail tenancies across 4,600 sqm of net lettable

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Andrew Bevin Mon, 10 May 2021
Contact the Writer: andrew@nbr.co.nz
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Investore breaks acquisition drought with Petone supermarket
Property,
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