Settlement of North City sale

Kiwi Property advises that the $100 million sale of North City Shopping Centre, Porirua, announced to the market on 11 April 2018, settled today. > Ends Contact us for further information Trevor Wairepo General Counsel and Company Secretary trevor.wairepo@kp.co.nz +64 9 359 4076 Linda Trainer GM Retail linda.trainer@kp.co.nz +64 9 359 4046 About us Kiwi Property (NZX: KPG) is the largest listed property company on the New Zealand Stock Exchange and is a member of the S&P/NZX 15 Index. We've been around for more than 20 years and we proudly own and manage a $3.0 billion portfolio of real estate, comprising some of New Zealand's best shopping centres and prime office buildings. Our objective is to provide investors with a reliable investment in New Zealand property by targeting superior risk-adjusted returns over time through the ownership and active management of a diversified, high-quality portfolio. S&P Global Ratings has assigned Kiwi Property a corporate credit rating of BBB (stable) and an issue credit rating of BBB+ for each of its fixed rate senior secured bonds. Kiwi Property is licensed under the Real Estate Agents Act 2008. To find out more, visit our website kp.co.nz End CA:00320588 For:KPG Type:GENERAL Time:2018-07-09 14:17:01