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IPL020

NZX
5.22000 NZD
0.085
1.60%
Last update May 20, 3:35 PM NZST
Main market
Day range
5.22000
5.24000
Previous close
5.30500
Open
5.24000
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Investore Property Ltd
5.22
0.09
1.60%

Overview

Description

Investore Property Ltd is a prominent real estate investment company specializing in retail property assets primarily across New Zealand. The company's primary function is to acquire, manage, and develop a portfolio of large format retail properties, which are designed to cater to the needs of major retail tenants. This focus on large format retail properties allows Investore Property Ltd to tap into the consistent demand for significant retail space, providing stability in the commercial leasing sector. Notable features of Investore Property Ltd's operations include its strategic placement in high-demand areas and long-term lease agreements with well-known retail entities. These elements contribute to steady income streams and can offer resilience against market volatility. While its operations predominantly impact the retail sector, there is also an indirect effect on the real estate and commercial sectors in New Zealand. In the financial market, Investore Property Ltd plays a significant role by providing investors opportunities to partake in the commercial real estate market without the complexities of direct property ownership. By managing a diversified portfolio, it offers exposure to a sector that benefits from consumer spending and economic growth trends.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
New Zealand
MIC code
XNZE
Main market

Exchange is currently active.
Closing in 40 minutes

16:04
00:00
10:00
16:45
23:59

Trading Hours (Monday - Friday):

Pre-market
08:30 - 10:00
Main market
10:00 - 16:45
Post-market
16:45 - 17:00
All times are displayed in the Pacific/Auckland timezone (NZST, UTC+12:00).