Kiwi sells Majestic to avoid asking investors for more
Its two remaining Wellington properties are still regarded as core investments.
Kiwi Property Group doesn’t want to rely solely on raising capital from shareholders to fund new acquisitions and developments.
That was a major factor in the decision to sell the Majestic Centre office tower in Wellington.
“If we need capital, we can’t be going to our investors constantly
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Jenny Ruth
Thu, 07 Dec 2017
Thu, 07 Dec 2017
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Kiwi sells Majestic to avoid asking investors for more
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