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Stride Property Group ( (NZ:SPG) ) has issued an update.
Stride Property Group has disclosed that Forsyth Barr Investment Management Limited has increased its substantial holding in the group’s stapled securities. FBIM now controls 51,068,782 stapled securities, representing 9.113% of the total on issue, up from 8.103% at the time of its last disclosure in December 2025.
The change in FBIM’s position reflects a series of on-market trades and off-market transfers conducted between 8 December 2025 and 8 May 2026 under its discretionary investment management and managed fund mandates. The larger stake signals heightened institutional interest in Stride’s securities, which may influence market perception of the company’s capital base and investor register stability.
More about Stride Property Group
Stride Property Group is a New Zealand-listed property investment and management business, comprising Stride Property Ltd and Stride Investment Management Ltd. The group focuses on owning and managing a diversified portfolio of commercial real estate, offering investors exposure to stapled securities that combine property ownership with funds management capabilities in the local market.
Average Trading Volume: 619,986
Technical Sentiment Signal: Sell
Current Market Cap: N$633.3M
See more data about SPG stock on TipRanks’ Stock Analysis page.