Revaluations boost Kiwi Property, Steel & Tube cuts forecast after re-analysing data
Kiwi Property Group
Kiwi Property Group Ltd has made a 1.5% ($47 million) net gain in fair value of its portfolio property, now worth a total $3.2 billion.
Kiwi Property Group Ltd announced what it called “a streamlined executive team structure” yesterday, to align its business more strongly to growth opportunities and position it better for continued success.
Kiwi Property Group Ltd has acquired 43 Carbine Rd – across the railway tracks from the Sylvia Park shopping centre in Mt Wellington – for $25 million.
Law firm Bell Gully has told its Auckland landlord, Kiwi Property Group Ltd, it will vacate its premises in the Vero Centre on Shortland St between the 2023-25 financial years.
Kiwi Property Group Ltd’s after-tax profit rose by less than 1% in the September half-year on pretax profit down by just under 4%.