Investore Property (Investore) revealed plans for a NZ$75-100 million (US$54.4-72.5 million) six-year domestic transaction on 5 March. The forthcoming deal, which is expected to open on 21 March and close on 12 April, is being targeted at New Zealand institutional and retail investors. The issue margin will be determined following a bookbuild on or around 12 March.
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