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Investore profit jumps on portfolio gains

Large-format retail continues to weather Covid-19 better than most.

Andrew Bevin Tue, 17 Nov 2020

NZX-listed Investore Property has had a bumper first-half profit, up 12% despite Covid-19, a feat it credits to its singular focus on large-format retail property.

Profit after tax for the six months to September 30 was $90.1 million, up from $80.1m in the 2019 first half.

Rental income was

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Andrew Bevin Tue, 17 Nov 2020
Contact the Writer: andrew@nbr.co.nz
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Investore profit jumps on portfolio gains
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