Kiwi Property makes record sales at malls, devaluations push result into red
Clive Mackenzie expressed satisfaction about progress on the new Sylvia Park scheme. Photo / Michael Craig Revenue was up at one of New Zealand’s largest listed landlords but bottom-line profit turned to a loss after property devaluations hit. Kiwi Property Group, with $3.1 billion of assets, declared a $227.7m net loss after tax, a turnaround … [Read more…]