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Investore comfortable with cosy Countdown relationship

The fund’s dividend payments are set to stay the same for a fourth consecutive year.

Andrew Bevin Tue, 18 May 2021

NZX-listed Investore’s management isn’t concerned about the fund’s increasing reliance on Countdown as a tenant, saying: “There are retailers, and there are retailers.”

As at March 31, Countdown supermarkets represented 64% of Investore’s portfolio by contract rental, a figure set to

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Andrew Bevin Tue, 18 May 2021
Contact the Writer: andrew@nbr.co.nz
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Investore comfortable with cosy Countdown relationship
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