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Kiwi Property lifts rental income and trims debt amid strategic asset sales
10:00am on Thursday 1st of January, 1970 AEST
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Real Estate
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Kiwi Property lifts rental income and trims debt amid strategic asset sales
10:00am on Thursday 1st of January, 1970 AEST
Key Points
Net rental income up 4.3% to $202.4 million
Operating profit before tax rises 8.6% to $126.2 million
Pro forma gearing falls to 33.3% after ASB North Wharf sale
Portfolio occupancy improves to 99.0%
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Kiwi Property (NZX:KPG)
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