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.
Kiwi Property Group Ltd posted an after-tax profit of $120.1 million ($143 million in 2017), driven by another record operating result as measured by funds from operations.
ANZ Bank NZ Ltd has agreed to lease about 6740m² of Kiwi Property Group Ltd’s No 1 Sylvia Park office development (pictured), now under construction.
Kiwi Property Group Ltd gave the green light on Wednesday to its $223 million Galleria retail expansion at Sylvia Park.
Kiwi Property Group Ltd has secured an agreement to acquire a 3.2ha property at 79 Carbine Rd & 10 Clemow Drive in Mt Wellington for $27.1 million.
Kiwi Property Group Ltd lifted after-tax profit by 26.7% in the September half to $45.6 million ($36 million a year earlier).