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Hot Topic Budget 25
Property
2 mins to read

Kiwi Property lifts guidance as retail outperforms

Stronger retail performance means improved income and less abatements.

Andrew Bevin Fri, 12 Mar 2021

NZX-listed Kiwi Property has lifted its full-year earnings guidance as healthy retail trade conditions increased rent and reduced abatements.

The commercial landlord lifted adjusted funds from operations guidance to between 5.5c and 5.6c a share, up from the 4.9c to 5.15c a share range it

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Andrew Bevin Fri, 12 Mar 2021
Contact the Writer: andrew@nbr.co.nz
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Kiwi Property lifts guidance as retail outperforms
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