Yes PT the whole announcement is complete dross.
The name change unnecessary.
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Yes PT the whole announcement is complete dross.
The name change unnecessary.
Diversified to buy Westfield's Hamilton and Lower Hutt shopping malls.
http://www.stuff.co.nz/business/7451...ded-after-sale
https://www.nzx.com/companies/STR/announcements/274259
I've been reading through the comments about this property trust from 2007-2012 which are mainly filled with negativity.. In 2016 has sentiment changed at all? Any buyers/holders out there?
Been a steady uptrend for me,
Things getting a bit wobbly? Stride buys two new shopping malls, trying to swallow those, and restructuring around that line of business while Northgate and Johnsonville malls appear to be struggling for survival. Speed wobbles?
Northgate - http://m.nzherald.co.nz/business/new...ectid=11609164
Johnsonville - http://www.stuff.co.nz/business/8036...ailers-pack-up
I had a better look at jville mall the other day... there are about 3 shops empty and one with what looked like (in terms of style: paper covering all windows, saying 50% off) a closing down sale. The mall is a busy place for people to eat at lunchtime, but not many going into shops.