Pandemic slashes Kiwi Property profit by 235%
A $290m portfolio value loss overshadowed a solid underlying performance.
Andrew Bevin
Mon, 25 May 2020
Kiwi Property Group’s full-year result dropped by 235% as Covid-19 slashed the value of its portfolio by $290 million.
The NZX-listed commercial landlord suffered a $186.7m loss for the year to March 31 and was quick to point out its 2020 financial year revenue was largely unaffected by the
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Andrew Bevin
Mon, 25 May 2020
Contact the Writer: andrew@nbr.co.nz
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Pandemic slashes Kiwi Property profit by 235%
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