Investore seeks $100m after property acquisition
The property fund wants to get its LVR out of the low 40% range.
Andrew Bevin
Wed, 29 Apr 2020
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Rich List
NZX-listed property fund Investore is raising $100 million to lower its gearing after settling a large acquisition tomorrow.
Yesterday, the company received Overseas Investment Office approval to go ahead with the acquisition of three large-format retail properties for $140m from its manager and
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Andrew Bevin
Wed, 29 Apr 2020
Contact the Writer: andrew@nbr.co.nz
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Company profile
Investore seeks $100m after property acquisition
Property,
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