Kiwi sells Majestic to avoid asking investors for more
Its two remaining Wellington properties are still regarded as core investments.
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Hawke’s Bay
Kiwi Property Group doesn’t want to rely solely on raising capital from shareholders to fund new acquisitions and developments.
That was a major factor in the decision to sell the Majestic Centre office tower in Wellington.
“If we need capital, we can’t be going to our investors constantly
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Jenny Ruth
Thu, 07 Dec 2017
Thu, 07 Dec 2017
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Kiwi sells Majestic to avoid asking investors for more
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