Kiwi Property advances 'multi-use' strategy

A render of Kiwi Property Group's build-to-rent development at Sylvia Park. (Image: KPG)

Wed, 28 Jun 2023

Kiwi Property Group is optimistic about market conditions ahead of the release of its first major build-to-rent development next year. Speaking at the annual general meeting in Auckland on Wednesday, Clive Mackenzie, chief executive of the listed property company, said the 295-apartment development was on track for completion in May next year.Located at Sylvia Park, the three residential buildings are part of the strategic shift underway at Kiwi Property Group (KPG): moving from being a retail landlord to the creator of mixed-use communiti...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime with two clicks, an email or a phone call.
Find out more.

We are serious about journalism.

Already a Subscriber ? Sign in here.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].name) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

Retail

Cooks Coffee flags ‘material uncertainty’

Executive chair Keith Jackson says the firm is not concerned.

Gregor Thompson 12:20pm

Energy

Winter 2026 energy shortage warning confirmed

Gas has declined even further, but so has industrial demand.

Ian Llewellyn 12:00pm

Winter 2026 energy shortage warning confirmed

Technology

Tip to companies: Beware of promoting AI in products

Buyers have less trust – and less interest – in products labelled as powered by AI.

The Wall Street Journal 11:00am

Tip to companies: Beware of promoting AI in products

Sponsored

Why corporate giving matters

Dave Letele and Z provide support where urgent need is overlooked.

Z Energy

Sponsored

New Zealand’s AI imperatives: Transparency and the human touch

Hard-hitting report warns uncertainty could block progress.

One NZ

More Property

Property

Investore buys New Lynn Bunnings site for $43 million

Investore Property has struck a deal to acquire the Bunnings complex in New Lynn, Auckland.The company told the market on Friday it had entered an unconditional agreement to acquire the property for $43 million.The 2.2-hectare site at 2–12 Titirangi Rd features an 11,000sq m buil...

Staff reporters 27 Jun 2025