Property syndicator GEK Property looks to cash out at a $12 million premium to its purchase price eight years ago.
Majority of properties will go into new NZ unlisted fund.
NZ Hotel Holdings bought QT Auckland for an undisclosed price.
New scheme will shave months off RMA consenting for council-backed consortium.
Kiwi Property sold the land to secure Ikea at its flagship property.
Non-cash portfolio gains made up bulk of profit, but underlying measures also increased.
BK Chiu will leave the listed companies in July next year.
Marketing by Colliers describes the 30.76ha property as 'a slice of paradise'.
The NZX-listed landlord held its earlier guidance despite Delta outbreak.
Skyrocketing property prices and valuer shortages behind the increase.