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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Property
3 mins to read

Stride to raise $220m to fund new acquisitions

The property fund used its first-half results announcement to say it was buying a $228m Wellington office asset.

Andrew Bevin Wed, 25 Nov 2020

NZX-listed Stride Property has announced a $220 million capital raise to fund the purchase of a premium Wellington office building for $228m.

The capital raise will comprise an underwritten $180m placement and $40m share purchase plan, with the ability to accept additional applications in the

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Andrew Bevin Wed, 25 Nov 2020
Contact the Writer: andrew@nbr.co.nz
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Stride to raise $220m to fund new acquisitions
Property,
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