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An interesting float out of Stride (SPG) of an Office Space Portfolio (10 Properties)
Office Fund Demerger & IPO - as described on SPG NZX filed Documents
Companies Office - Offer Section with Docs
https://app.companiesoffice.govt.nz/...32665776389800
Docs on NZX - SPG Listing:
http://nzx-prod-s7fsd7f98s.s3-websit...014/354562.pdf
http://nzx-prod-s7fsd7f98s.s3-websit...973/354550.pdf
Share distribution to SPG Holders (1 for 4 held)
Then Institutions / Book Build - Broker Allocations - No Public Pool
Indicative Price looks around Indicative $1.20 - $1.30 range
Managed Portfolio
PIE Structured
Returns look a little on light side compared with other established similar listings
without digging to much - as a gut feeling
Any thoughts ?
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