Stride Property stock stands at NZD 591.2 million market value

Published on 10/19/2026 at 04:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Stride Property stock stands at NZD 591.2 million market value as of October 19, 2026. Its annual report was issued on May 28, 2026.

Company value and property options

On October 15, 2026, Johnsonville Shopping Centre was identified as a potential Wellington site.
Stride Property Group had a NZD 591.2 million market capitalization on October 19, 2026.
The stock's 52-week range was NZD 1.04 to NZD 1.49 on October 19, 2026.

SPG, NZSPGE0001S2, Illustration mit AI erstellt.

Stride Property Group (ISIN NZSPGE0001S2) was last at NZD 1.05 on October 19, 2026, at 3:11 p.m. NZDT on the NZX, while its market capitalization was NZD 591.2 million. The latest company-related discussion centers on the potential redevelopment of its Johnsonville Shopping Centre in Wellington.

Johnsonville options draw attention

On October 15, 2026, The Post identified the center as one potential site for a future Costco store. Stride owns the property, and Chief Executive Philip Littlewood said, 'We are working on options for the site.' The report placed the discussion in the wider redevelopment debate around the mall.

The same report said Stride owned Queensgate Shopping Centre in Wellington and owned or managed three other shopping centers around New Zealand. It also cited NZD 3.3 billion of assets under management as of March 2026, giving the Johnsonville question a wider place in the group's property portfolio.

What does NZD 591.2 million show?

The market value puts the current stock level close to its 52-week low of NZD 1.04 and 29.53 percent below its 52-week high of NZD 1.49, based on the October 19, 2026 market snapshot. The comparison matters because the company is positioned as a property investment manager whose returns depend on rental income, property values and capital allocation.

Income policy shapes the picture

Stride's investor center states that the stapled securities are listed as one NZX security under SPG. Its dividend policy targets 25 percent to 75 percent of distributable profit after current tax for SIML and 80 percent to 100 percent for SPL, while quarterly payments are not guaranteed. The Stride Property Group investor center lists the FY26 Annual Results Announcement as issued on May 28, 2026, and the Results of Annual Shareholder Meeting as issued on July 8, 2026.

For investors, the current valuation combines a NZD 1.05 market level with a property portfolio valued at NZD 3.3 billion under management as of March 2026. The Johnsonville discussion adds a concrete redevelopment angle to a stock whose income policy remains tied to distributable profit.

Stock value and property context

Stride Property was last at NZD 1.05 on the NZX on October 19, 2026, at 3:11 p.m. NZDT. Its 52-week range was NZD 1.04 to NZD 1.49 on the same date, and reported volume was 47,573 shares.