Property syndicator GEK Property looks to cash out at a $12 million premium to its purchase price eight years ago.
It expects to settle a $140m acquisition on Thursday.
The Property Council says the group's letter was “inflammatory and out of context”.
Variable rent programmes mooted as a solution to keep businesses afloat.
The pandemic has caused valuer to soften assumptions around rental growth, vacancy and trading conditions.
In part two, Nigel Mayson looks at threats and opportunities for commercial property players.
Nigel Mayson addresses some unanswered questions on the subject.
Its end of year portfolio valuation was $19m lower than drafts released last month.
The Franchise Association of New Zealand is seeking government-mandated rental negotiations.
The listed landlord said Covid-19 impact difficult to quantify.