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
$0.920
+0.0%$1.5B
30.0x
$0.031
7.54%
+0.0%
Recent Announcements
SPH Notice - BlackRock, Inc. and related bodies corporate
BlackRock, Inc. and related bodies corporate disclosed a change in substantial holding (5.035%).
Settlement of sale of ASB North Wharf
Kiwi Property has completed the settlement of its sale of ASB North Wharf on 29 May 2026, as part of its capital recycling programme, reducing pro forma gearing to 33.3% as at 31 March 2026.
Ongoing Disclosure Notices
Four senior managers at Kiwi Property Group Limited (Clive Mackenzie - CEO, Aubrey Cheng - GM Income & Leasing, Linda Trainer - GM Asset Management, and Jo Harris - GM People) disclosed share transactions on 25-26 May 2026, involving the vesting and sale of performance share rights (PSRs), restricted share rights (RSRs), and ordinary shares to satisfy tax obligations, with combined proceeds totaling approximately NZ$548,614.
Capital Change Notices - Share Rights
Kiwi Property Group Limited issued 1,754,818 ordinary shares (0.11% of total class) on 25 May 2026 through the exercise of vested Performance Share Rights and Restricted Share Rights under its Share Rights Plan, with no cash consideration payable. Additionally, 1,648,258 Performance Share Rights and 106,560 Restricted Share Rights were redeemed/forfeited upon completion of their three-year vesting periods ending 31 March 2026.
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.
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