MEDIA RELEASES 2005
December 2005 Auckland (22 December 2005) - Kiwi Income Properties Limited, as Manager of Kiwi Income Property Trust, is pleased to advise that the changes to the Deed of Trust that were approved at a meeting of Unit Holders on 9 December 2005 have been made and incorporated into a Deed of Variation and Restatement dated 21 December 2005. Auckland (22 December 2005) - Kiwi Income Property Trust advised today that Auckland Regional Council (ARC) is to lease the currently vacant 1,461m˛ level seven premises at 21 Pitt Street. Please read full release. Auckland (16 December 2005) - Kiwi Income Property Trust today advised that it had unconditionally purchased the former Warehouse building linked to its Downtown Plaza Shopping Centre in Hamilton for $4.7 million. Please read full release. Auckland (16 December 2005) – Kiwi Income Properties Limited, as Manager of Kiwi Income Property Trust, is pleased to announce the release of the 30 September 2005 Interim Report for the Trust. A copy of this Interim Report can be requested by emailing info@kipt.co.nz or is available on this website under the heading Interim Reports in the 'Investor' section.
Auckland (15 December 2005) – Kiwi Income Property Trust advised today that unconditional terms for a new nine-year lease have been agreed with Airways Corporation of New Zealand Limited for approximately 2,100m˛ over levels 26, 27 and part 28 of the Majestic Centre in Wellington. Please read full release. Auckland (9 December 2005) - At a meeting of Unit Holders of Kiwi Income Property Trust held in Auckland today, Unit Holders passed the two resolutions as set out in the Notice of Meeting. Please read full release. A copy of the Chairman's Address and the Chief Executive's Presentation to Investors can be requested by emailing info@kipt.co.nz or is available on this website under the heading Presentations in the 'Investor' section. November 2005 Auckland (29 November 2005) - Kiwi Income Property Trust announced today that it has leased 79% of the retail space for Stage Two of its Sylvia Park retail project in Auckland. This stage encompasses 14,000m˛ in area, and includes around 50 specialty fashion retailers and a PAK’nSAVE supermarket. Please read full release. Auckland (22 November 2005) - Kiwi Income Property Trust advises that a copy of the Interim Result Investor Presentation has been provided to NZX. A copy of this Presentation to Investors can be requested by emailing info@kipt.co.nz or is available on this website under the heading Presentations in the 'Investor' section.
Auckland (22 November 2005) - Kiwi Income Property Trust today announced a record net profit after tax of $29.1 million for the six months to 30 September 2005, an increase of 15.2% over the same period last year. Please read full release. Auckland (21 November 2005) - Notice of Meeting of Unit Holders October 2005 Auckland (31 October 2005) - Subject to NZX approval of the Notice of Meeting, there will be a meeting of Kiwi Income Property Trust Unit Holders at 11am, on 9 December 2005, at Ellerslie Event Centre in Auckland. Please read full release. Auckland (28 October 2005) - Kiwi Income Property Trust has agreed to accept the takeover offer made by AMP Property Portfolio Investments Limited (“APPIL”) in respect of its 19.2% stake in Capital Properties New Zealand Limited (“CNZ”) at the revised offer price of $1.48 per CNZ share. Please read full release. September 2005 Wellington (2 September 2005) - Unit Holders in Kiwi Income Property Trust voted at the Annual General Meeting of the Trust to adopt an ordinary resolution to entitle the Manager, immediately following receipt of any performance fees, to use that performance fee to subscribe for Units in the Trust. Please read full release. Wellington (2 September 2005) - Kiwi Income Property Trust's 2005 Annual General Meeting took place in Wellington. A copy of the Chairman's Address and the Chief Executive's Presentation to Investors can be requested by emailing info@kipt.co.nz or is available on this website under the heading Presentations in the 'Investor' section.
August 2005
Auckland (30 August 2005) - Kiwi Income Property Trust has advised that the majority of Stage One leasing at its Sylvia Park retail project in Auckland was now completed. Please read full release. Auckland (11 August 2005) - The 2005 Annual General Meeting of Kiwi Income Property Trust Unitholders and Mandatory Convertible Note Holders is to be held at Cinema 4-Reading Cinemas, North City Shopping Centre, Titahi Bay Road, Porirua City, Wellington on Friday 2 September 2005 commencing at 10.30am. Below are documents pertaining to the meeting: AGM Notice of Meeting Covering Letter, AGM Notice of Meeting, Proxy Form for Unit Holders and Proxy Form for MCN Holders. July 2005
Auckland (13 July 2005) - Kiwi Income Properties Limited, the Manager of Kiwi Income Property Trust, announced today that following discussions with key insititutional investors, it has elected to make a fund management fee rebate of up to $4.0 million. Please read full release. Auckland (7 July 2005) - Kiwi Income Property Trust today confirmed the successful closure of its Offers of Mandatory Convertible Notes (MCNs). Please read full release. Auckland (4 July 2005) - Kiwi Income Properties Limited, as manager of Kiwi Income Property Trust, advised today that the interest rate payable on the Mandatory Convertible Notes offered under the Prospectus and Investment Statement dated 31 May 2005 has been set at 8.00% per annum. June 2005
Auckland (23 June 2005) - Kiwi Income Property Trust has provided NZX with a copy of the presentation made at the Property Council of NZ and NZ Council of Shopping Centres Retail Conference 2005. A copy of this Presentation can be requested by emailing info@kipt.co.nz or is available on this website under the heading Presentations in the 'Investor' section.
Auckland (17 June 2005) - Kiwi Income Properties Limited, as Manager of Kiwi Income Property Trust, is pleased to announce the release of the 2005 Annual Report for the Trust. A copy of this Annual Report can be requested by emailing info@kipt.co.nz or is available on this website in the Annual Reports in the 'Investor'.
Auckland (10 June 2005) - Kiwi Income Properties Limited, as Manager of Kiwi Income Property Trust, wishes to advise that the strike price for the dividend reinvestment scheme, operating in respect of the final dividend payable on Friday, 17 June 2005 is $1.06 per unit. May 2005
Auckland (30 May 2005) - Kiwi Income Property Trust ("Trust") today advised the key terms for the offer of unsecured subordinated Mandatory Convertible Notes, proposed to be made by Kiwi Income Properties Limited ("Manager") as manager on behalf of the Trust. Please read full release. For further information about the Mandatory Convertible Notes Offers ("MCN Offers") in Kiwi Income Property Trust ("Trust") click here. Auckland (16 May 2005) - Kiwi Income Property Trust today reported a profit of $52.7 million for the year to 31 March 2005, representing an after-tax increase of 7.3% over the previous financial year. Please read the full release. A copy of the two accompanying presentations can be requested by emailing info@kipt.co.nz or is available on this website under the heading Presentations in the 'Investor' section. April 2005
Auckland (28 April 2005) - Kiwi Income Property Trust advised today it has unconditionally sold the AUT Faculty of Arts Building located at 2 Wakefield Street in Auckland. Please read the full release. Auckland (4 April 2005) - Kiwi Income Property Trust (the Trust) today welcomed the decision announced by Capital Properties New Zealand Limited (CNZ) to abandon its plan to sell the management rights to its property portfolio. Please read the full release. March 2005
Auckland (30 March 2005) - Kiwi Income Properties Limited, the Manager of Kiwi Income Property Trust, announced today details of a significant change to its fund management structure. Please read the full release in conjunction with supporting documents. A copy of the supporting Presentation can be requested by emailing info@kipt.co.nz or is available on this website under the heading Presentations in the 'Investor' section. Auckland (24 March 2005) - Kiwi Income Property Trust ("KIPT"), through its wholly-owned subsidiary Kiwi Property Holdings Limited, has today issued proceedings against Capital Properties New Zealand Limited ("CNZ") and its directors. Please read the full release. Auckland (15 March 2005) - Kiwi Income Property Trust today announced its property assets have recorded a total revaluation gain of approximately $60 million. The gain is balanced across the office and retail portfolios, and compares with a gain for the same period last year of $50 million. Please read the full release. February 2005
Auckland (24 February 2005) - Kiwi Income Property Trust's Chief Executive, Angus McNaughton addressed the Macquarie NZ Investment Conference. A copy of this Presentation can be requested by emailing info@kipt.co.nz or is available on this website under the heading Presentations in the 'Investor' section. Auckland (18 February 2005) - Kiwi Income Property Trust (Trust) advised today that it has written to Capital Properties New Zealand Limited (CNZ) requesting that a special meeting of CNZ shareholders be called. Please read the full release. January 2005
Auckland (27 January 2005) - At the Extraordinary General Meeting of Kiwi Income Property Trust held in Auckland today, unit holders approved the resolution set out in the Notice of Meeting dated 5 January 2005. Please read full release. Auckland (27 January 2005) - Kiwi Income Property Trust's Extraordinary General Meeting took place in Auckland. A copy of this Presentation can be requested by emailing info@kipt.co.nz or is available on this website under the heading Presentations in the 'Investor' section.
Auckland (21 January 2005) - Kiwi Income Properties Limited (KIPL), as Manager of Kiwi Income Property Trust (Trust) announced today that it will review its fund management fees. KIPL has also elected to waive the management fee associated with the Trust's current 19.9% investment in Capital Properties New Zealand Limited (CNZ). Please read full release. Auckland (7 January 2005) - Kiwi Income Property Trust announced today that notice is given that an Extraordinary General Meeting of unit holders of Kiwi Income Property Trust will be held at the Crowne Plaza Hotel, Auckland City in Ballroom 2, Level 5, 128 Albert Street, Auckland on 27 January 2005 at 4.00 pm. Please read full notice. |
