Covid-19 snips $290m from Kiwi Property portfolio
The pandemic has caused valuer to soften assumptions around rental growth, vacancy and trading conditions.
Andrew Bevin
Mon, 20 Apr 2020
NZX-listed Kiwi Property has taken a $290 million hit across its portfolio as the Covid-19 pandemic heightens the risk of rental income stagnation and lower occupancy rates.
Its portfolio of mixed-use, office, retail and other property assets is now valued at $3.1 billion after independent
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Andrew Bevin
Mon, 20 Apr 2020
Contact the Writer: andrew@nbr.co.nz
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Covid-19 snips $290m from Kiwi Property portfolio
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