Investore’s strategy is to invest in quality, large format retail properties throughout New Zealand and actively manage shareholders' capital to maximise distributions and total returns over the medium to long term. Our strategy is based on four core principles.
Considered acquisitions and developments which deliver growth, while continuing to enhance geographical and/or tenant portfolio diversification, and where appropriate, consider disposals to maintain balance sheet capacity and optionality
Focus on owning well-located properties with long lease terms and high occupancy, with nationally recognised quality tenant brands, and maintaining strong and enduring tenant relationships that support the portfolio
Development of existing properties to meet the needs of tenants and the surrounding catchment, which may include acquiring sites adjacent to existing properties, to provide development options for the future
Proactive capital management to maintain a healthy and flexible balance sheet for growth, while preserving sustainable returns to investors
Large format retail properties typically have long lease terms and high occupancy, with nationally recognised quality tenant brands
Investore considers that a focus on investing in large format retail property provides a number of benefits:
Investore is managed by Stride Investment Management Limited, part of the NZX-listed Stride Property Group
Chair of the Board
Independent,
Non-Executive Director
Appointed 9 June 2016 / Last Elected 2022
Read MoreMike has considerable governance experience and is currently Chair of Vincent Capital Limited and Wool Impact Limited, Chair Elect of NZ Natural Fibres Limited, and a director of Taumata Plantations Limited and Wool Research Organisation of New Zealand. Prior to his governance career, he had an executive career in investment banking and general management experience in New Zealand and the United Kingdom.
Chair of the Audit and
Risk Committee
Independent,
Non-Executive Director
Appointed 19 April 2018 / Last Elected 2021
Read MoreGráinne has over 30 years’ experience in listed and unlisted organisations, in highly competitive and customer-focussed sectors, including McDonald’s New Zealand and SKYCITY Entertainment Group. Gráinne is currently a director of Tourism Holdings Limited, Summerset Group Holdings Limited and Duncan Cotterill, and is Chair of Tourism Industry Aotearoa.
Independent, Non-Executive Director
Appointed 3 April 2020 | Last elected 2020
Read MoreAdrian is a very experienced commercial property executive, with over 30 years’ experience in the property sector, including 20 years as the General Manager of Property at Woolworths NZ (owner of Countdown brand supermarkets). Adrian brings to Investore a deep knowledge of the property industry in New Zealand, as well as the supermarket sector, a sector that makes up a significant portion of Investore’s property portfolio. Adrian has a strong background in property, financial planning and strategic management.
Tim has more than 30 years’ experience across a range of business sectors, and has practised as a lawyer in Australia and New Zealand. Tim was a partner in the Bell Gully partnership, having retired in 2006, and is Chairman of Stride Property Limited, Stride Investment Management Limited and ASX listed LawFinance Limited.
Ross had 38 years with global accounting and consulting firm KPMG before retiring in 2020. Ross was Executive Chairman of KPMG in New Zealand and a member of KPMG’s Asia Pacific Board and KPMG’s Global Council for nearly 10 years. During his career with KPMG he managed the firm’s Audit, Risk and Tax practices, in addition to the firms’ People, Performance and Culture function.
Ross is a director of ASB Bank Limited, Stride Property Limited, Stride Investment Management Limited, and chair of Service Foods Limited. Ross is a Member of the Institute of Directors’ National Council and chairs the Auckland Branch. Ross is a Council member for Massey University and a member of the Financial Markets Authority Audit Oversight Committee.
Erika has been appointed as a future director. Erika leads the Auckland office for ENGEO, an engineering and environmental consultancy. Erika specialises in the assessment, remediation and management of contaminated land and groundwater and delivers large and small scale projects for industry, land development and government. Erika brings valuable industry knowledge and understanding to the Investore Board, and participates in the Investore Board but does not vote or have any role as a director.