Close
 

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’s retail portfolio rose by $114 million or 7 percent in the year to March 31. Sylvia Park set another record valuation, rising 11 percent to $704 million. The company says this was assisted by its securing New Zealand’s first Zara and H&M outlets – the arrival of the international fast fashion giants was greeted with great excitement from consumers last year.

Value of Kiwi Property’s New Zealand shopping centres​

Centre nameValue at March 16 in $mNet change in value
Sylvia Park

704.00
 

10.5%
Sylvia Park Lifestyle

69.80

3.1%
LynnMall

269.00

5.6%

Westgate Lifestyle

70.251.8%
Centre Place North

65.50

-5.3%

Centre Place South

46.70

-1.2%

The Plaza

211.00

2.4%

North City

109.5

9.5%

Northlands 

243.00 8.8%


Kiwi Property has also announced its general manager commercial portfolio, David Johnson, has resigned. Chief executive Chris Gudgeon says an executive recruitment process is underway to find a replacement for Johnson.

“We thank David for the significant contribution he has made to the business over the last six years and wish him well for the next stage of his career.”

​ ​

This is a community discussion forum. Comment is free but please respect our rules:

  1. Don’t be abusive or use sweary type words
  2. Don’t break the law: libel, slander and defamatory comments are forbidden
  3. Don’t resort to name-calling, mean-spiritedness, or slagging off
  4. Don’t pretend to be someone else.

If we find you doing these things, your comments will be edited without recourse and you may be asked to go away and reconsider your actions.
We respect the right to free speech and anonymous comments. Don’t abuse the privilege.

 

Going to the dogs: Kelvin – the Thermokennel keeping dogs happy and healthy

  • Design
  • August 20, 2018
  • Georgina Harris
Going to the dogs: Kelvin – the Thermokennel keeping dogs happy and healthy

Kelvin – the Thermokennel was created to keep working dogs comfortable and productive. Georgina Harris spoke with creator Rosie Todhunter and Daniel Faris, chief executive of Locus Research, about the design, its Kickstarter campaign, and the origins of the name.

Read more
 
 

FreightFish is experimenting with hydrofoil shipping

  • Design
  • August 20, 2018
  • Jonathan Cotton
FreightFish is experimenting with hydrofoil shipping

These are your shipping options: slow or expensive. Neither is ideal, right? Well, that’s the problem Max Olson is looking to solve with a new high-speed hydrofoil-based shipping venture, FreightFish.

Read more
 
 

Nelson retailers meet over decline in CBD activity

  • News
  • August 17, 2018
  • Tracy Neal
Nelson retailers meet over decline in CBD activity

The "For Lease" signs on shop windows in Nelson have become a predominant window display.

Read more
 
topics
Town centres
A positive retail environment over the past 12 ...
Amazon Arrival
Keeping up with all things Amazon as it ...
The Retail Yearbook 2017
As we battle our way through the busiest ...
Hospitality enhancing retail
Some think food and integrated hospitality offerings will ...
The future is bright
We spoke with four retailers in their twenties ...
Spotlight on signage
At first glance, the humble in-store sign might ...
Red Awards 2016
The Red Awards for retail interior design celebrate ...
How to open a store
Sarah Dunn considers what it would take to ...
Auckland Unitary Plan
Auckland is changing. The Unitary Plan will decide ...
Retail in heartland New Zealand
Retailers keep the regions pumping, but how strong ...
All things to all people
Kiwi retailers share their omnichannel strategies.
Rising stars
Retail's top young achievers.
Delivering on your promises
The sale isn't over until your item is ...
Sisterhood
Women in retail help one another. We spoke ...
The changing face of retail
Shifting demographics are creating big changes in New ...
The retail yearbook
With the help of experts in the retail ...
Retail rogues
We put the spotlight on staff training. Jai ...
Here come the giants
Topshop has arrived in Auckland’s CBD, David Jones ...
Loyalty in the digital age
How are retailers maintaining loyalty? Sarah Dunn, Elly ...
Window shopping: A spotlight on social media
Sarah Dunn and Elly Strang look at how ...
From retail to e-tail
Ecommerce has become part of the way mainstream ...
The Innovators | In partnership with Spark Business
Technology is rapidly changing the retail industry as ...
 

Ticket reseller Viagogo taken to court

  • News
  • August 16, 2018
  • Radio New Zealand
Ticket reseller Viagogo taken to court

The Commerce Commission will take the controversial ticket reseller company Viagogo to court, saying it breached the Fair Trading Act.

Read more
 
 

How the New Zealand market is reacting to the single-use bag ban

  • News
  • August 16, 2018
  • Sarah Dunn
How the New Zealand market is reacting to the single-use bag ban

Prime Minister Jacinda Ardern announced on Friday that single-use plastic bags will be phased out in New Zealand over the next 12 months, a necessary move to preserve the country’s green reputation. What do businesses in Aotearoa either making alternatives to plastic or attempting to phase out its use think about the move?

Read more
 

Kiwi brand takes flight: Whittaker's opens first store in international airport

  • News
  • August 16, 2018
  • Courtney Devereux
Kiwi brand takes flight: Whittaker's opens first store in international airport

International travellers can now take our country’s favourite chocolate with them when they travel, as Whittaker’s has opened its first physical store in Auckland International Airport.

Read more
 
Next page
Results for
Topics
Jobs
About us.

The Register provides essential industry news and intelligence, updated daily. And the digital newsletter delivers the latest news to your inbox twice a week — for free!

©2009–2015 Tangible Media. All rights reserved.
Use of this site constitutes acceptance of our Privacy policy.

Advertise
The Register

editor@theregister.co.nz

Content marketing/advertising? Email anita.hayhoe@icg.co.nz or call 022 639 3004

View Media Kit

}