MEDIA RELEASES DECEMBER 2009 23 December 2009 - Kiwi Income Property Limited, as Manager of Kiwi Income Property Trust, today announced the appointment of Mike Steur to the Board of the Manager, with effect from 1 January 2010. Read more >>
14 December 2009 - Kiwi Income Property Trust today announced the successful closure of its Offers of 8.95% Mandatory Convertible Notes (MCNs). Read more >>
NOVEMBER 2009 18 November 2009 - The third stage of Kiwi Income Property Trust’s redevelopment of The Plaza Shopping Centre in Palmerston North is on track to open in March next year with an exciting new array of retailers. Read more >>
13 November 2009 - Kiwi Income Property Trust has provided NZX with a copy of a presentation on the Trust’s recently announced $125 million offer of unsecured subordinated Mandatory Convertible Notes.
A copy of this presentation is available under Presentations in the 'Investor' section of this website. Alternatively, the presentation can be requested by emailing info@kipt.co.nz
Interested investors should contact the Arranger and Joint Lead Manager Goldman Sachs JBWere (NZ) Limited or one of the Joint Lead Managers Craigs Investment Partners Limited or Forsyth Barr Limited to obtain a copy of the prospectus, or contact their financial or legal advisor.
The prospectus, together with the interim report for the six months to 30 September 2009, is expected to be mailed to existing mandatory convertible note holders and unit holders on 19 November 2009.
10 November 2009 - Kiwi Income Property Trust today announced it is seeking to raise up to $125 million through a primary offer and an entitlement offer of unsecured subordinated Mandatory Convertible Notes (“MCNs”). The primary offer of $100 million is available to New Zealand residents and Australian institutions, and the entitlement offer of $25 million is to unit holders in the Trust with a registered address in New Zealand as at 17 November 2009. Read more >>
Click here for copy of the Prospectus and Entitlement Form. 6 November 2009 - As previously announced in the NZX release dated 2 November 2009, Kiwi Income Property Trust is considering an offer of mandatory convertible notes ("MCNs"). The Trust has provided NZX with a copy of a presentation outlining further details on the potential offer.
A copy of this presentation is available under Presentations in the 'Investor' section of this website. Alternatively, the presentation can be requested by emailing info@kipt.co.nz
No money is currently being sought and no applications for MCNs will be accepted or money received until the subscriber has received a Prospectus.
6 November 2009 - Kiwi Income Property Trust today announced another solid period of operations for the six months ended 30 September 2009. Despite challenging conditions the Trust grew key operating and profit measures over the previous corresponding period. Read more >>
A copy of the Interim Result Presentation is available under Presentations in the 'Investor' section of this website. Alternatively, the presentation can be requested by emailing info@kipt.co.nz
An archived copy of the audio webcast of the results presentation presented by Chris Gudgeon, Chief Executive of the Manager of the Trust and Gavin Parker, Chief Financial Officer is also available.
6 November 2009 - Kiwi Income Property Trust today provided NZX with a copy of its Interim Report for the six months ended 30 September 2009. Read more >>
2 November 2009 - Kiwi Income Property Trust is considering raising $100 to $150 million through a primary offer and an entitlement offer of unsecured subordinated Mandatory Convertible Notes (“MCNs”). Read more >>
OCTOBER 2009 2 October 2009 - Kiwi Income Property Trust today reported a net reduction of approximately $66 million (pre tax) in the value of its portfolio of prime office and retail assets for the six months ended 30 September 2009. Read more >>
SEPTEMBER 2009 10 September 2009 - Kiwi Income Property Trust is to market PricewaterhouseCoopers Centre in Christchurch for sale through Colliers International and CB Richard Ellis. Read more >>
3 September 2009 - The Plaza Shopping Centre in Palmerston North will open the doors to stage two of the $93 million redevelopment today. Read more >>
AUGUST 2009 13 August 2009 - The 2009 Annual General Meeting of Kiwi Income Property Trust Unit Holders held at 10.00am on Thursday, 13 August 2009 in the Remuera Room, Ellerslie Convention Centre, 80-100 Ascot Avenue, Greenlane, Auckland.
A copy of the Chairman's Address and the Investor Presentation can be requested by emailing info@kipt.co.nz or is available on this website under the heading Presentations in the 'Investor' section.
4 August 2009 - Further to the announcement of 30 March 2009, Kiwi Income Property Trust is pleased to announce that the sale of BP House on Customhouse Quay in Wellington for $26 million has now been settled.
JUNE 2009 24 June 2009 - Kiwi Income Property Trust today released its Annual Report for the year to 31 March 2009 and paid its distribution for the period. Read more >>
A copy of this Annual Report can be requested by emailing info@kipt.co.nz or is available on this website under the heading Annual Reports in the 'Investor' section.
15 June 2009 - Kiwi Income Property Trust is pleased to announce a new nine year lease agreement with Vero Insurance New Zealand Limited for 9,607m˛ in the Trust’s flagship office asset, the Vero Centre in Auckland. Read more>>
5 June 2009 - Kiwi Income Property Trust today announced that its $15 million Unit Purchase Plan (UPP) closed over-subscribed by 132%, with applications totalling $34.7 million. Read more >>
MAY 2009 18 May 2009 - Kiwi Income Property Trust (the Trust) announced on 28 April 2009 that it would be conducting a Unit Purchase Plan (UPP).
The UPP opens today and will close at 5.00pm on Thursday, 4 June 2009. Read more >>
Click here for copy of the UPP document and UPP Application Form.
15 May 2009 - Kiwi Income Property Trust today announced its annual result to 31 March 2009, delivering solid operating performance despite reporting an after tax loss. Read more >>
A copy of the Annual Result Investor Presentation can be requested by emailing info@kipt.co.nz or is available on this website under the heading Presentations, alternatively it can be viewed as a webcast under the heading Webcast 2009 in the 'Investor' section.
APRIL 2009 28 April 2009 - Kiwi Income Property Trust today announced further details of its proposed Unit Purchase Plan (UPP), to provide eligible unit holders with the opportunity to acquire units on terms substantially equivalent to those offered under a $50 million institutional placement completed on 1 April 2009. Read more >>
2 April 2009 - Kiwi Income Property Trust today announced the successful completion of a $50 million institutional placement [Note 1], of approximately 56.9 million ordinary units at a price of 87.9 cents per unit. This reflects an 8.4% discount to the closing price of units on 31 March 2009, the day prior to the placement. Read more >> 1 April 2009 - Kiwi Income Property Trust today announced its proposal to issue new units to raise approximately $50 million, as one of a number of capital management initiatives to further strengthen its financial position. Read more >>
March 2009 30 March 2009 - Kiwi Income Property Trust announced today the unconditional sale of BP House on Customhouse Quay in Wellington for $26 million. Read more>> 27 March 2009 - Kiwi Income Property Trust today reported a net reduction of approximately $162.2 million in the value of its portfolio of prime office and retail assets for the six months to 31 March 2009, bringing the total portfolio value reduction for the financial year ending 31 March 2009 to $214.2 million. Read more>>
6 March 2009 - Kiwi Income Property Trust announced today the unconditional sale of the Fisher & Paykel Finance Building at 31 Highbrook Drive, East Tamaki for $12 million. Read more>>
4 March 2009 - Stage one of Kiwi Income Property Trust’s redevelopment of The Plaza Shopping Centre in Palmerston North will open for business on Thursday, 5 March. Read more>>
February 2009 24 February 2009 - Kiwi Income Property Trust has provided NZX with a copy of a presentation to be given at the Citi Group 2009 Global Property CEO Conference on 2 March 2009 in Florida, USA.
A copy of the Presentation can be requested by emailing info@kipt.co.nz or is available on this website under the heading Presentations in the 'Investor' section.
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