Kiwi Property traded at 1.00 this Tuesday February 3rd, decreasing 0.02 or 1.49 percent since the previous trading session. Looking back, over the last four weeks, Kiwi Property lost 5.69 percent. Over the last 12 months, its price rose by 7.57 percent. Looking ahead, we forecast Kiwi Property to be priced at 0.99 by the end of this quarter and at 0.94 in one year, according to Trading Economics global macro models projections and analysts expectations.
Kiwi Property Group Limited, formerly Kiwi Income Property Trust, is engaged in investing in New Zealand real estate. The Company's primary assets are investment properties in retail and office sectors. Its segments are Retail, Office and Other. Its investment objective is to provide investors with an investment in New Zealand property, focusing on risk-adjusted returns over time through the ownership and management of a diversified portfolio. It is focused on property investment portfolio comprising retail portfolio, which includes regional shopping centers and large format retail within and outside Auckland region, and office portfolio that includes office properties with floorplate, services, location and car parking in Auckland, and core government office accommodation supported by long-term leases to government in Wellington. Its portfolio includes properties, such as Sylvia Park, LynnMall, Westgate Lifestyle, The Base, North City, Vero Centre and The Aurora Centre, among others.