Kiwi Income Property Trust

Type: Company
Name: Kiwi Income Property Trust
First reported Apr 17 2014 - Updated Apr 17 2014 - 1 reports

New Zealand stocks "fair value"

New Zealand stocks are trading at fair value, research company Morningstar says in its latest market outlook report.The report, released yesterday but compiled last month, had a "hold" recommendation for 60 per cent stocks but it advised investors to ... [Published Timaru Herald - Apr 17 2014]
First reported Apr 15 2014 - Updated Apr 16 2014 - 1 reports

Pacific Edge leads NZ stocks

File photo /NZ Stocks rose led by Pacific Edge as investors re-evaluate prices of tech stocks after the recent sell-off in the sector worldwide. Xero extended its decline.The NZX 50 Index rose 12.746 points, or about 0.3 per cent, to 5076.285. Within ... [Published New Zealand Herald - Apr 15 2014]
First reported Apr 09 2014 - Updated Apr 09 2014 - 1 reports

Northlands owner shows $18m net gain

Commercial property company Kiwi Income Property Trust has reported a net increase of $17.8 million in the value of its $2.1 billion portfolio of shopping centres and office buildings.The stock-exchange listed company has assets including Northland Shopping ... [Published The Press NZ - Apr 09 2014]
First reported Apr 01 2014 - Updated Apr 02 2014 - 1 reports

NZ growth stocks fall

New Zealand shares fell as investors took the opportunity to take profit from high-growth stocks to raise cash ahead of the government's public listing of Genesis Energy. Pacific Edge, Diligent Board Members Services, A2 Corp and Xero declined.The NZX ... [Published ONE News - Apr 01 2014]
First reported Apr 02 2014 - Updated Apr 02 2014 - 1 reports

KIP portfolio valuation update

Kiwi Income Property Trust today reported a net increase of $17.8 million (+0.8%) in the value of its portfolio of shopping centres and office buildings for the year ended 31 March 2014. The overall value of the Trust’s property portfolio stands ... ... [Published Scoop NZ - Business - Apr 02 2014]
First reported Mar 24 2014 - Updated Mar 25 2014 - 1 reports

Foreign funds eye our real estate

Kiwi property joins the list of favourite locations for Asia-Pacific investment managers with $2 trillion to spend. Photo / ThinkstockInternational investors with a total of US$2 trillion ($2.34 trillion) in funds have put New Zealand in their top-10 ... [Published New Zealand Herald - Mar 24 2014]
First reported Mar 25 2014 - Updated Mar 25 2014 - 1 reports

Herbert Smith Freehills advises CBA on its exit from property funds and property asset management platform

Herbert Smith Freehills has advised Commonwealth Bank of Australia (CBA) on its exit from its property funds management and property asset management platform. The property platform provided management services to three listed trusts with over A$20 billion ... [Published Herbert Smith LLP - Mar 25 2014]
First reported Mar 24 2014 - Updated Mar 24 2014 - 1 reports

Bank undergoes extreme makeover

Project co-ordinator Fiona Terry says the bank used customer feedback for changes. Photo / Dean PurcellSecure safes at teller stations to increase security, a new intelligent ATM and a "live wall" of 15 55-inch television screens showing a digital panorama ... [Published New Zealand Herald - Mar 24 2014]
First reported Mar 21 2014 - Updated Mar 21 2014 - 1 reports

Favourable tax ruling on internalisation payment

Following the internalisation of the Manager in December 2013, Kiwi Income Property Trust sought a binding ruling from Inland Revenue on the tax deductibility of the $72.5 million payment made to Commonwealth Bank of Australia for the relinquishment ... [Published Scoop NZ - Business - Mar 21 2014]
First reported Feb 01 2014 - Updated Feb 01 2014 - 1 reports

Settlement of 50% interest in 205 Queen Street, Auckland

Kiwi Income Property Trust advises that it has settled the sale of the first 50% interest in its office complex at 205 Queen Street, Auckland. ... [Published Scoop NZ - Business - Feb 01 2014]
First reported Jan 23 2014 - Updated Jan 23 2014 - 1 reports

NZ sharemarket joins region-wide decline

New Zealand shares fell as the market joined a region-wide decline, and was paced by retailers after the Warehouse Group joining Hallenstein Glassons in issuing a profit warning.The NZX 50 Index fell 39.263 points, or about 0.8% to 4911.076. Within the ... [Published ONE News - Jan 23 2014]
First reported Dec 15 2013 - Updated Dec 16 2013 - 2 reports

Commonwealth Bank sells Kiwi Income stake at 3.6% discount

Dec. 17 (BusinessDesk) - Commonwealth Bank of Australia has sold out of Kiwi Income Property Trust at a 3.6 percent discount to where the units were trading just before yesterday’s placement, raising $92.2 million. ... [Published Scoop NZ - Business - Dec 16 2013]

Quotes

"We have no positive recommendations in the sector, but Kiwi Income Property Trust looks reasonable value" Morningstar said, adding health-care, transport and building materials stocks all looked expensive
"The benefit of the doubt is just starting to disappear a bit across that space" said Goodson
"All of the thrust's Auckland properties increased in value with Sylvia Park, the Vero Centre and ASB North collectively delivering valuation gains of $55 million."
"The very high growth sector has come under pressure overseas, and we've seen that in both Xero and Pacific Edge, both those stocks are starting to weaken a bit."

More Content

All (22) | News (10) | Reports (0) | Blogs (11) | Audio/Video (0) | Fact Sheets (1) | Press Releases (0)
sort by: Date | Relevance
New Zealand stocks "fair value" [Published Timaru Herald - Apr 17 2014]
Pacific Edge leads NZ stocks [Published New Zealand Herald - Apr 15 2014]
Northlands owner shows $18m net gain [Published The Press NZ - Apr 09 2014]
Kiwi Income Property Trust gains $18 million (N... [Published Yahoo!Xtra - Apr 03 2014]
KIP portfolio valuation update [Published Scoop NZ - Business - Apr 02 2014]
NZ growth stocks fall [Published ONE News - Apr 01 2014]
Herbert Smith Freehills advises CBA on its exit... [Published Herbert Smith LLP - Mar 25 2014]
Bank undergoes extreme makeover [Published New Zealand Herald - Mar 24 2014]
Foreign funds eye our real estate [Published New Zealand Herald - Mar 24 2014]
Favourable tax ruling on internalisation payment [Published Scoop NZ - Business - Mar 21 2014]
Settlement of 50% interest in 205 Queen Street,... [Published Scoop NZ - Business - Feb 01 2014]
NZ sharemarket joins region-wide decline [Published ONE News - Jan 23 2014]
Commonwealth Bank of Australia completes KIP un... [Published Scoop NZ - Business - Dec 17 2013]
Commonwealth Bank sells Kiwi Income stake at 3.... [Published Scoop NZ - Business - Dec 16 2013]
CBA to sell down Kiwi Income stake after sellin... [Published Scoop NZ - Business - Dec 15 2013]
Kiwi Income Property Trust secures 18-year Crow... [Published Scoop NZ - Regional - Nov 28 2013]
Kiwi Income Property Trust - Notice of Special ... [Published Scoop NZ - Business - Nov 20 2013]
MARKET CLOSE: NZ shares fall on Fonterra provision [Published Scoop NZ - Business - Nov 11 2013]
KIPT says buying management contract won't stre... [Published Scoop NZ - Business - Nov 11 2013]
CBA wants $70.6 mln to cede management of Kiwi ... [Published Scoop NZ - Business - Nov 10 2013]
CBA looking to internationalise REITS [Published Topnews.in - Jul 24 2013]
Fact Sheet for Kiwi Income Property Trust [Published Able2Act - Apr 17 2008]
1
Content Volume
Document Volume
Network
Network

Blogs

sort by: Date | Relevance
KIP portfolio valuation update [Published Scoop NZ - Business - Apr 02 2014]
Kiwi Income Property Trust today reported a net increase of $17.8 million (+0.8%) in the value of its portfolio of shopping centres and office buildings for the year ended 31 March 2014. The overall value of the Trust’s property portfolio stands ... ...
Favourable tax ruling on internalisation payment [Published Scoop NZ - Business - Mar 21 2014]
Following the internalisation of the Manager in December 2013, Kiwi Income Property Trust sought a binding ruling from Inland Revenue on the tax deductibility of the $72.5 million payment made to Commonwealth Bank of Australia for the relinquishment ...
Settlement of 50% interest in 205 Queen Street,... [Published Scoop NZ - Business - Feb 01 2014]
Kiwi Income Property Trust advises that it has settled the sale of the first 50% interest in its office complex at 205 Queen Street, Auckland. ...
Commonwealth Bank of Australia completes KIP un... [Published Scoop NZ - Business - Dec 17 2013]
Kiwi Income Property Trust (the Trust) has been advised that Commonwealth Bank of Australia (CBA) has placed through Goldman Sachs its 8.6% holding in the Trust, being approximately 87 million units, for NZ$1.06 per unit. ...
Commonwealth Bank sells Kiwi Income stake at 3.... [Published Scoop NZ - Business - Dec 16 2013]
Dec. 17 (BusinessDesk) - Commonwealth Bank of Australia has sold out of Kiwi Income Property Trust at a 3.6 percent discount to where the units were trading just before yesterday’s placement, raising $92.2 million. ...
1 2 3
Contact Us
Sales
Support


Freebase CC-BY Some image thumbnails are sourced from Freebase, licensed under CC-BY

Copyright (C) 2014 Silobreaker Ltd. All rights reserved.
The selection and placement of stories and images on any Silobreaker page are determined automatically by a computer program.
The time or date displayed reflects when an article was added to or updated in Silobreaker.