Kiwi Property retail traffic down just 8% in level 2 from a year ago

Kiwi Property retail traffic down just 8% in level 2 from a year ago
Jenny Ruth
Kiwi Property Group said visitors to its shopping centres since the country entered alert level 2 on May 14 have returned to being down just 8 percent on the same time last year.However, it has been improving day-by-day to being down about 5 percent on last year now, although some shopping centres, particularly the flagship Sylvia Park, have even been up on the prior year over the weekend, chief executive Clive Mackenzie told analysts.The Plaza in Palmerston North was a particular standout. "The only thing we can put that down to is it'...

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More Du Val shareholders suing
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More Du Val shareholders suing

A Du Val shareholder action against FMA now has 80% of minority shareholders signed up.

Triple Connection faces liquidation
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Triple Connection faces liquidation

The debt collector says the company "don't pay their bills".

Gregor Thompson 13 Dec 2024
Beachlands South development appeals settled
Property

Beachlands South development appeals settled

Appeals challenging the approval of a plan change for the Beachlands South development have been settled, paving the way for the multi-billion dollar project to proceed.“The success of negotiating a sensible outcome means that the development process can now move forward with the...

Staff reporters 11 Dec 2024
Winton 'stands to gain millions': MP
Property

Winton 'stands to gain millions': MP

The proposed fast-tracking of Sunfield is 'cronyism', local MP claims.

Maria Slade 11 Dec 2024