Property

Kiwi Property and Tainui form 2nd JV in Hamilton's CBD

Jenny Ruth
Tue, 06 Apr 2021

Artist's impression of the planned new office tower at Centre Place North in Hamilton.
Jenny Ruth
Tue, 06 Apr 2021
Kiwi Property and Tainui Group have formed a second joint venture to develop Kiwi's Centre Place North shopping centre and adjacent land in central Hamilton into a mixed-use precinct including retail, office and perhaps even residential properties.The existing assets of the JV are valued at about $71 million.Kiwi owns a small office building at 65 Bryce Street that will also form part of the JV while Tainui will contribute another piece of adjacent land.Tainui owns the land under Centre Place North and will grant the JV a new 100-year pre-p...

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