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Value of Kiwi Property pushed up by retail portfolio

  • Who's Where
  • April 1, 2016
  • Sarah Dunn
Value of Kiwi Property pushed up by retail portfolio
Image: Kiwi Property

Kiwi Property owns many of New Zealand’s largest shopping centres. Growth at Auckland’s Sylvia Park, North City in Porirua and others have led to a net increase of 7 percent in the value of the company’s retail portfolio. Combined with an 8 percent increase in Kiwi Property’s office portfolio, these changes have brought the overall value of the property portfolio to $2.7 billion.

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Death row dogs to be adopted from Botany Town Centre

  • News
  • March 17, 2016
  • Sarah Dunn
Death row dogs to be adopted from Botany Town Centre
Images: Kelly Wolfe

Community engagement is hot right now. First conceptualised in the shopping mall space by Austrian architect and mall designer Victor Gruen, the idea of a community-focused mall was a strong influence in the design of Stride’s new West Auckland NorthWest mall. Now, Botany Town Centre has leaned into its community responsibility by planning a series of adoption days for “death row” dogs in partnership with non-profit dog rescue organisation, DC Rescue.

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How to survive 100 years in retail

  • Opinion
  • February 15, 2016
  • Warren Head
How to survive 100 years in retail

How many brands on today’s shelves will go on to achieve as much mileage as Bonds and Berlei? Business commentator Warren Head looks at longevity in retail.

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Aussie mall urges shoppers to skip work to avoid weekend crowds

  • News
  • November 3, 2015
  • Elly Strang
Aussie mall urges shoppers to skip work to avoid weekend crowds

A Sydney shopping centre is encouraging shoppers to beat the Christmas weekend crowds by taking the day off work. In exchange for giving up a precious day of leave, Birkenhead Point Outlet Centre is offering incentives such as all day parking, free gift wrapping, bubbles and the hiring of a personal gift consultant.

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Christmas shopping – a necessary evil?

  • News
  • October 28, 2015
  • Elly Strang
Christmas shopping – a necessary evil?

Ah, Christmas. That jolly time of year where Christmas carols are in the air and stampedes of people head to the mall, forcing shoppers to spend 30 minutes circling the car park. We explore whether the typically stressful experience could be improved.

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Malls bring a taste of Times Square to New Zealand

  • Property
  • August 20, 2015
  • Elly Strang
Malls bring a taste of Times Square to New Zealand

Six Kiwi Property shopping centres around New Zealand will be getting huge state-of-the-art digital screens, reminiscent of Times Square in New York. Selected centres will also be getting interactive, touch screen panels.

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Regional shopping centres boom, as CBD retail falters

  • Property
  • June 10, 2015
  • Elly Strang
Regional shopping centres boom, as CBD retail falters

There’s a growing trend away from CBD retailing and into shopping precincts, Bayleys real estate says. Its research has found retail is booming in Hamilton’s urban boundaries and Tauranga’s suburban shopping areas, but declining in the two towns’ CBDs. This trend is widespread around New Zealand. We asked strategic economist and RCG associate director John Polkinghorne why this is occurring.

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New Zealand malls debut new 3D social media strategy

  • News
  • June 8, 2015
  • Elly Strang
New Zealand malls debut new 3D social media strategy

3D videos are being used to showcase fashion and food by AMP Capital, which owns four malls across New Zealand. The Australian-owned company is using the multi-dimensional technology across its social media channels to create a series of short, innovative videos.

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Kiwi Westfield Malls’ retail sales worth more than $10k per square metre

  • News
  • May 11, 2015
  • Elly Strang
Kiwi Westfield Malls’ retail sales worth more than $10k per square metre

Scentre Group’s first quarter update shows that bricks and mortar stores are still holding strong - in malls at least. Its Westfield malls’ sales in New Zealand grew almost six percent in the first three months of 2015. The nine malls are worth $1.9 billion, with retail sales hitting more than $10,000 per square metre.

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Young shoppers want both bricks and clicks, CBRE survey finds

  • News
  • April 1, 2015
  • Elly Strang
Young shoppers want both bricks and clicks, CBRE survey finds

A CBRE survey has found Kiwi shoppers from different age groups have different views when it comes to bricks and mortar versus online shopping. Almost a quarter (24 percent) of younger shoppers expect to spend more in bricks and mortar shops over the coming years. In contrast, only 3 percent of older shoppers aged 55 to 64 expect to spend more in-store in the next two years.

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