Low valuations, high fees impact Investore's half-year profit
Two short leases hurt Investore's property value but investment in an existing site saw its total portfolio value rise.
Lower property valuations and larger expenses dented Investore’s half-year profits despite underlying growth.
Listing on NZX two years ago, Investore is a Stride Investment managed fund dealing in large format retail property, focusing on major retailers like Bunnings, Countdown and Mitre
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