Kiwi Property Group Limited
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About Kiwi Property Group Limited
Kiwi Property Group (KPG) is the largest listed property vehicle in the NZ market. Its diversified asset base of NZ$2.9bn comprises 69% retail assets, 29% office assets and 2% development/other. KPG owns NZ's largest shopping centre Sylvia Park, as well as prime office assets in Auckland and Wellington. It is geographically weighted 61% to Auckland. KPG listed in 1994 (as Kiwi Income Property Trust). In December 2013 KPG internalised its management structure, and in December 2014 it changed its legal structure from a trust to a company.