Rental listings were up 4% month-on-month during November, with ‘oversupply’ scenario tempering rental prices.
Portfolio gains offset a drop in rental income caused by Covid-19 pandemic.
The listed property fund's profit doubled on the back of portfolio valuation gains.
The fund’s dividend payments are set to stay the same for a fourth consecutive year.
Countdown makes up 64% of Investore’s rental.
The NZX-listed landlord will use the issue to refinance debt.
Underlying earnings were up 5.4% while valuation gains hit more than half a billion dollars.
The NZX-listed property trust says a focus on e-commerce infrastructure is paying off.
Former NZX CEO and Arrowtown neighbour says sailor’s application is ‘duplicit’ and ‘lacking good faith’.
It's the NZX-listed property fund's first acquisition following a $100m capital raise last year.
