Stride Property Ltd traded at 1.25 this Tuesday February 3rd, increasing 0.01 or 0.40 percent since the previous trading session. Looking back, over the last four weeks, Stride Property gained 9.12 percent. Over the last 12 months, its price fell by 4.23 percent. Looking ahead, we forecast Stride Property Ltd to be priced at 1.24 by the end of this quarter and at 1.17 in one year, according to Trading Economics global macro models projections and analysts expectations.
Stride Property Limited is a New Zealand-based company, which invests in commercial property. The Company is a portfolio investment entity (PIE) that invests in New Zealand office and town center property. The Company’s subsidiaries include Stride Holdings Limited, Stride Industrial Property Limited (SIPL), and Fabric Property Limited. The Company also owns an interest in other entities managed by Stride Investment Management Limited. It has interest in the Stride Products: Investore Property Limited, which invests in large format retail property across New Zealand; Diversified NZ Property Trust, a trust which is owned by Australian superannuation entities that owns retail shopping centers in New Zealand, and Industre Property Joint Venture which invests solely in industrial properties, primarily in the Auckland region.