The Kaipātiki local board has decided to retain a strong sports and community element at the AF Thomas Park, although finer details still have to be ironed out.
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.
The Property Council says industry feedback on no-access clauses was ignored.
The bulk of the raise comprises a $115m placement.
Changes will lead to $1b reduction in tax deductions over next four years.
