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Investore Property

Directory

NZX code:
IPL
Short name:
Investore Property
Legal name:
Investore Property Limited
Industry sector: Property
NZX50 rank: [no data]
Head office:
Level 12, 34 Shortland Street, Auckland, 1010
Chairman:
Mike Allen
Chief executive:
Financial year ended:
March
Locations: New Zealand
Auditor:
PwC
Bankers:
ANZ, BNZ, CCB, CBA, Westpac

Investore Property

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Financial Data

A. Recent trading and performance summary

Total revenue NPAT Earnings per share
mln mln cents
2020 54 29 10
2021 65 161 45
2022 68 118 32
2023 71 150 41
2024 61 -67 -18
2025 62 38 10

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B. Recent financial position summary

Total assets Total Liabilities Equity ratio
bln mln %
2020 0.8 260 67
2021 1.1 305 72
2022 1.2 384 69
2023 1.1 405 63
2024 1.0 427 58
2025 1.0 410 60

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C. Recent cash flows and positions

Cash inflows Cash outflows Cash and equiv. at year end
mln mln mln
2020 26 26 4
2021 143 140 7
2022 74 73 7
2023 34 36 5
2024 37 28 7
2025 43 44 5

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D. Recent key ratio analysis

Earnings per share Price:Earnings ratio NTA/share Dividend yield
cents annual avg dollars annual avg %
2020 10 16 2 5
2021 45 5 2 4
2022 32 5 2 5
2023 -0.4 0 2 7
2024 -0.2 -7 2 7
2025 10 11 2 7

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Description of trading activities

Investore Property Ltd is a business that provides property investment services with a portfolio singularly based on large format retail spaces in Āotearoa, New Zealand. The Investore strategy is to invest in ‘Quality, large format retail properties’ throughout NZ and actively manage shareholders’ capital in order to maximise distributions and total returns over a medium-long term basis.

CEO profile

[no profile available]

Chairman profile

Mike Allen became Chair of Investore Property in 2016. Allen has a considerable amount of experience in the governing body of business, he is currently Chairman of Vincent Capital Limited, and Wool impact limited. Prior to joining Investore, Allen worked in investment banking and general management based both in New Zealand, and the United Kingdom.