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Hot Topic Budget 25
Property
2 mins to read

Investore profits as supermarkets perform through pandemic

Countdown makes up 64% of Investore’s rental.

Andrew Bevin Tue, 18 May 2021

NZX-listed large format retail landlord Investore’s full-year profit jumped a whopping 464% on valuation gains, while its underlying profit increased by just $3.2 million.

Profit after tax for the year ended March 31 was $161.3m, up from $28.6m in the previous year, driven by a property

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Andrew Bevin Tue, 18 May 2021
Contact the Writer: andrew@nbr.co.nz
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Investore profits as supermarkets perform through pandemic
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