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Investore seeks $100m after property acquisition

The property fund wants to get its LVR out of the low 40% range.

Andrew Bevin Wed, 29 Apr 2020

NZX-listed property fund Investore is raising $100 million to lower its gearing after settling a large acquisition tomorrow.

Yesterday, the company received Overseas Investment Office approval to go ahead with the acquisition of three large-format retail properties for $140m from its manager and

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Andrew Bevin Wed, 29 Apr 2020
Contact the Writer: andrew@nbr.co.nz
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Investore seeks $100m after property acquisition
Property,
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