FilingReader Intelligence
Investore Property to divest Woolworths Mount Roskill for $25m
March 18, 2025 at 10:04 AM UTC•By FilingReader AI
Investore Property (NZX:IPL) announced today that it will divest Woolworths Mount Roskill for $25.0 million. The sale represents an 11% gross premium, or $2.5 million, above book value, and reflects a passing yield of 5.85%. Settlement is scheduled for late March.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
NZX:IPL•New Zealand Exchange
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