Kiwi Property deal could solve NPT’s scale issue
ANZ Funds Management investment manager Craig Tyson weights in on NPT's deal with Kiwi Property deal could solve NPT's scale issue.
Craig Tyson
Thu, 06 Apr 2017
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Opinion
The board of NPT has proposed a deal with Kiwi Property Group (KPG) that involves raising equity to buy two Wellington assets from KPG at a 2.5% discount to valuation ($235.8 million) and which more than doubles NPT’s size. KPG will also pay to externalise the management contract and
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Craig Tyson
Thu, 06 Apr 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.