Kiwi Property Group: FY23 Result – Initial Thoughts
Kiwi Property (KPG) has delivered FY23 adjusted funds from operations (AFFO) +16% to NZ$117m; Top line rental income was slightly ahead of our...
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Kiwi Property: 2H23 Revaluation Update
Kiwi Property (KPG) have announced 2H23 draft revaluations for the six-months to 31 March 2023; the preliminary result is a -NZ$135m devaluation...
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Kiwi Property Group: 1H23 Result: Has Wings but Can't Fly
KPG reported a solid 1H23 result that was slightly ahead of our expectations on an underlying basis; It continues to recycle capital to fund its...
330 Views
Kiwi Property Group: 1H23 Result – Initial Thoughts
Kiwi Property (KPG) has delivered 1H23 Underlying NPAT in line with our forecast but reversal of COVID rent relief provisions saw AFFO exceed our...
417 Views
Real Estate Reflections: Rates Will Be Rates
Real Estate ReflectionsRates Will be Rates Interest rate volatility resulted in a month of two halves in the property sector, which has now...
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