Stride makes half-year loss due to portfolio devaluation
Property company announces measures to deal with high interests rates, slower activity.
Stride Property’s Meridian Building, Wellington.
Industrial and retail property group Stride has announced a net loss of $53.1 million for the first half of its 2023 year, thanks to a devaluation of its portfolio.
The owner of properties including Wellington’s Meridian Building and the NorthWest Shopping Centre in Westgate, Auckland, said it had
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