Kiwi Property Group Limited Ordinary Shares
KPG.NZXReal Estate
Kiwi Property (NZX: KPG) is the largest listed property company on the New Zealand Stock Exchange and is a member of the NZX15 Index. Kiwi Property was formed more than 20 years ago and now proudly owns and manages a $3.0 billion portfolio of real estate, comprising some of New Zealand's best shopping centres and prime office buildings. The company's objective is to provide investors with a reliable investment in New Zealand property by targeting superior risk-adjusted returns over time through the ownership and active management of a diversified, high-quality portfolio. Kiwi Property is licensed under the Real Estate Agents Act 2008. History Kiwi Property was founded in 1992 and listed on the NZX in December 1993 as Kiwi Income Property Trust In December 2013, Kiwi Income Property Trust internalised its management and, in December 2014, moved from a trust to a company structure, changing its name to Kiwi Property and its NZX Code from KIP to KPG. To find out more, visit kp.co.nz
Market Data
$0.940
+0.0%$1.5B
30.6x
$0.031
7.55%
+0.1%
Recent Announcements
Kiwi Property Notice of Meeting
Kiwi Property Group Limited is holding its annual shareholder meeting on June 23, 2026, to vote on the re-election of three directors (Simon Shakesheff, Peter Alexander, and Carlie Eve) and to authorize the Board to fix auditor remuneration for Deloitte Limited. The meeting will be held in hybrid format (in-person in Auckland or online) and the Board unanimously recommends voting in favor of all resolutions.
Disciplined FY26 execution strengthens balance sheet
Kiwi Property released its FY26 annual report highlighting disciplined execution that strengthened the balance sheet through capital recycling, with net rental income of $202.4m (+4.3%), portfolio occupancy improving to 99.0%, and strategic progress on Drury large-format retail site sales (77% under contract for $115m). The company refreshed its strategy around four pillars (Assets, Capital, Customer, Capability) and guided FY27 dividend of 5.75 cents per share (+2.7%).
Sale of ASB North Wharf unconditional
Kiwi Property has received Overseas Investment Office consent for its $205 million sale of ASB North Wharf in Auckland to Precinct Pacific Investment Limited Partnership, making the agreement unconditional with settlement scheduled for 29 May 2026.
Kiwi Property FY26 annual results announcement date
Kiwi Property announced that its FY26 annual results for the year ended 31 March 2026 will be released on Monday, 18 May 2026, with a live webcast and conference call scheduled for 10:00 am NZT.
Annual meeting date, closing date for director nominations
Kiwi Property Group Limited announced that its 2026 annual meeting will be held on Tuesday, 23 June 2026, with a closing date of Friday, 1 May 2026 for shareholders to nominate directors for election.
Kiwi Property appoints new Chief Financial Officer
Kiwi Property has appointed Sarah Theodore as Chief Financial Officer, effective late July 2026, bringing over 20 years of experience in banking, infrastructure, and property across New Zealand and Australia. Tiniya du Plessis will serve as Interim CFO until Theodore's start date.
Ongoing disclosure notice - Steve Penney
Steven Edward Penney, formerly Chief Financial Officer of Kiwi Property Group Limited, had 534,083 Performance Share Rights and 1,332 Restricted Share Rights cancelled upon cessation of employment on 26 March 2026, leaving him with 293,124 ordinary shares held.
Capital change notice - share rights plan
Kiwi Property Group Limited redeemed 534,083 unlisted Performance Share Rights (10.18% of the class) on 30 March 2026, with the rights lapsing because participants ceased to meet the criteria under the Share Rights Plan; 4,710,901 Performance Share Rights remain outstanding.
Capital change notice - share rights plan
Kiwi Property Group Limited redeemed 23,976 Unlisted Restricted Share Rights (10.2% of the existing class) on 30 March 2026 due to lapsing under the company's Share Rights Plan, leaving 212,058 total Restricted Share Rights outstanding.
Update on Mackersy LFR Fund
Kiwi Property announced that the establishment of the Mackersy LFR Fund is no longer proceeding as minimum capital raising conditions are unlikely to be met, resulting in the company retaining full ownership of the Sylvia Park Lifestyle property at 393 Mt Wellington Highway, Auckland, which was planned for sale.
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