Kiwi Property Group

Kiwi Property Group owns and manages a NZ real estate portfolio valued at more than $3 billion. The company’s core assets are 12 retail and office buildings leased to major department store, supermarket, cinema and banking brands. Kiwi Group also manages over $400 million of property on behalf of third parties.

The company was listed on the NZX as KPG in 2014 when the firm changed from a trust to a corporate. Kiwi Property is one of the larger companies on the NZX with a market capitalisation near $2 billion in 2020. The group has been led by Clive Mackenzie as CEO since 2018.


Company Details

Registered Office: Level 7, Vero Centre, 48 Shortland Street,, Auckland
Postal Address: PO Box 2071, Shortland Street, Auckland 1140
Telephone: +64 9 359 4000
Facsimile: n/a
Website: www.kp.co.nz
First Listed: 03/12/1993
Balance Date: 31 March
AGM: 28/06/2023

Directors and Executives

Chris Aiken
Director
Peter Alexander
Independent Director
Mary-Jane Daly
Independent Director
Carlie Eve
Independent Director
Jane Freeman
Independent Director
Joanna Harris
General Manager
Angela Henderson
General Manager
Clive Mackenzie
Chief Executive Officer
Steve Penney
Chief Financial Officer
Simon Shakesheff
Chair

Announcements

Title Date Type
Investor update - August 2025 Thu, Aug 28 2025 08:31 am MKTUPDTE
Kiwi Property FY26 first quarter dividend payment Thu, Aug 21 2025 10:55 am CORPACT
NZ Shareholders’ Association hosted at Sylvia Park Fri, Aug 15 2025 02:19 pm GENERAL
Ongoing disclosure notice - multiple Fri, Aug 08 2025 09:10 am SHINTR
SPH Notice - ANZ New Zealand Investments Limited Mon, Aug 04 2025 02:43 pm SHINTR
ASB extends lease at North Wharf Thu, Jul 03 2025 08:30 am GENERAL
Ongoing disclosure notice - multiple Wed, Jul 02 2025 05:07 pm SHINTR
Results of Kiwi Property Annual Meeting 2025 Tue, Jul 01 2025 12:40 pm MEETING
Kiwi Property 2025 Annual Meeting presentation and address Tue, Jul 01 2025 11:00 am MEETING
Ongoing disclosure notice - Kevin Kenrick Mon, Jun 23 2025 01:11 pm SHINTR

Major Holdings Announcements

Date Name No. Held % Current
24/01/24 Accident Compensation Corporation 167,341,514 9.43 10.51
05/09/23 ANZ New Zealand Investments Limited 99,173,806 7.30 6.27
03/08/21 The Vanguard Group, Inc. 54,036,142 5.10 3.44
28/07/21 BlackRock Inc. and related bodies c 83,745,944 6.59 5.33
04/05/20 Salt Funds Management Limited 78,301,339 5.11 4.99
06/06/19 BlackRock Inc 71,600,525 5.01 5.00
18/10/17 Westpac Banking Corporation 68,566,626 5.06 4.84

Director’s Interests Announcements

Date Name No. Held % Details Other
27/09/23 Peter Alexander 28,416 - - -
27/09/23 Steve Penney 110,008 - - -
18/07/23 Clive Mackenzie 836,872 - - -
23/06/22 Gavin Parker 516,382 - - -
09/12/21 Chris Aiken 110,000 - - -
22/07/21 Mary Jane Daly 9,000 - - -
11/12/19 Mike Steur 200,000 - - -
28/11/19 Simon Shakesheff 26,000 - - -
28/11/19 Mark David Powell 50,095 - - -
05/07/19 Trevor Wairepo 70,331 - - -
29/06/18 Chris Gudgeon 728,455 - - -
06/06/18 Stuart Tabuteau 123,989 - - -

Analysts’ Forecasts

profit2021 profit2022 eps2021 dps2021 sales2021 ebit2021 ebitda2021
mean -55.5 5.9 5.7 188.7 155.1 155.1
high -55.5 5.9 5.7 188.7 155.1 155.1
low -55.5 5.9 5.7 188.7 155.1 155.1
sample 1 0 1 1 1 1 1

Disclaimer

Data on this page is from BusinessDesk and NZX Ltd for information purposes only. Details are believed to be accurate but no warranty is given as to accuracy, timeliness, reliability or completeness. No person should rely on the contents of the report and all persons should obtain independent professional advice before acting on any information connected with or contained in this report.
Last Updated: 20/12/2023


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