Kiwi Property shores up balance sheet, while npat down at $50.5m
The owner of Auckland’s $1.13b Sylvia Park shopping mall's result was broadly in line with market expectations.
Vero Centre's new 'digital art' entrance.
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Kiwi Property Group saw net profits dip by 11.6% to $50.5 million for the 12 months to March, as its property portfolio shed 1.3% by value to $3 billion.
The retail property landlord hived off The Plaza in Palmerston North for $118.9m in December, and also agreed to the $205m sale of its ASB North
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