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Kiwi Income Property Trust

Kiwi Income Property Trust Portfolio Value Declines

Wellington, Oct 2 NZPA - Kiwi Income Property Trust said the value of its portfolio has reduced by 3.5 percent to $1.83 billion.

NZ Sharemarket Holds Its Own

NZ Sharemarket Holds Its Own
Wellington, Sept 27 NZPA - The New Zealand sharemarket remained steady in opening trading this morning despite negative signals from overseas markets.

NZ Sharemarket Positive In Early Morning Trade

NZ Sharemarket Positive In Early Morning Trade
Wellington, Sept 23 NZPA - The New Zealand sharemarket followed offshore leads in opening trading this morning, gaining a little on yesterday's slide. The benchmark NZSX-50 index, which closed yesterday at 3142.862, today gained 9.555 points, or 0.3 percent, to 3152.417 by 10.15am.

Market Conditions Constrain Retail Rental Growth

Market Conditions Constrain Retail Rental Growth
Wellington, Aug 13 NZPA - Market conditions are constraining prospects for rental growth in Kiwi Income Property Trust's retail portfolio, chief executive Chris Gudgeon told its annual meeting. But the outlook would improve as the economy moved out of recession.

Capital Raisings Continue On NZX

Capital Raisings Continue On NZX
Wellington, July 7 NZPA - Companies have continued to rely on the markets to raise capital, with the amount raised in the first six months of 2009 more than twice as much as a year ago.

NZ Sharemarket Slips, Leading Shares Post Declines

NZ Sharemarket Slips, Leading Shares Post Declines
Wellington, June 24 NZPA - The New Zealand sharemarket slipped today, following on from yesterday's 1.2 percent decline. On a day in which a survey showed a rise in consumer confidence brokers said investor confidence was lacking.

NZ Sharemarket Closes Lower, Telecom Eases

NZ Sharemarket Closes Lower, Telecom Eases
Wellington, June 19 NZPA - The New Zealand sharemarket edged lower today as top stock Telecom slipped from its highest level in nearly six weeks reached yesterday.

Kiwi Income Reaches New Lease Agreement With Vero Insurance

Kiwi Income Reaches New Lease Agreement With Vero Insurance
Wellington, June 15 NZPA - Kiwi Income Property Trust has reached a new lease agreement with Vero Insurance for around a quarter of the trust's flagship office asset, the Vero Centre in Auckland.

NZ Shares Notch Up Slim Gain On Firmer Telecom

NZ Shares Notch Up Slim Gain On Firmer Telecom
Wellington, June 9 NZPA - The sharemarket managed a small gain today on the back of a nearly 2-percent rise for top stock Telecom. The benchmark NZSX-50 index closed up 0.2 percent, or 5.8 points, at 2822.40, in contrast to its 18-point loss yesterday. Turnover was just $62.2 million.

Sharemarket Edges Down Early, Although Telecom Gains

Sharemarket Edges Down Early, Although Telecom Gains
Wellington, June 9 NZPA - The sharemarket edged down early, even as top stock Telecom gained in the first few minutes after the market opened while several other leading stocks lost ground. Telecom was up 3c early to 259, reversing some of yesterday's 5c fall.

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