Kiwi Property appoints Simon Shakesheff as a Director

Kiwi Property is pleased to announce the appointment of Simon Shakesheff to its Board as a Non-Executive Director, commencing 1 November 2019. Simon is a recognised leader in Australia's property finance sector, with a 30-year executive career spanning several of the country's most prolific property groups and investment banks. He is currently Non-Executive Director of both Cbus Property and Assembly Funds Management, as well as a consultant to the New South Wales Treasury Corporation. Prior to commencing his governance career, Simon was Group Executive, Strategy, Stakeholder Relations and Research at Stockland. Before that, he was Managing Director, Head of Australian Real Estate Investment Banking at Bank of America Merrill Lynch, and Managing Director, Co-Head of Australian Real Estate Investment Banking at UBS Australia. Simon previously spent 19 years as an equities analyst, including as Executive Director, Head of Real Estate Analysis at J.P Morgan Australia and Executive Director, Head of Real Estate Analysis, Macquarie Equities at Macquarie Bank. Kiwi Property Chair, Mark Ford, says Simon's wealth of property analysis and advisory experience will be invaluable, as the Board continues to oversee the implementation of the company's new mixed-use strategy. "Simon had an exceptional executive career and has emerged as an equally strong director. He brings proven expertise in corporate strategy, mergers and acquisitions, and debt and equity finance. I'm looking forward to him making an immediate impact to the Kiwi Property Board as we continue delivering upon our strategic objectives for investors," says Mark. In accordance with NZX Listing Rule 2.6.1, the Board has determined Simon is an independent director having had regard to the non-exhaustive factors described in the NZX Corporate Governance Code. > Ends Contact us for further information: Campbell Hodgetts Communications Lead Email: campbell.hodgetts@kp.co.nz Phone: +64 275 634985 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 20 Index. We've been around for 25 years and we proudly own and manage a $3.2 billion portfolio of real estate, comprising some of New Zealand's best mixed-use, retail and office buildings. Our objective is to provide investors with a reliable investment in New Zealand property 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 one of the highest rated New Zealand companies within CDP (Carbon Disclosure Project) and is a member of FTSE4 Good, a series of benchmarks and tradeable indices for ESG (Environmental, Social and Governance) investors. Kiwi Property is licensed under the Real Estate Agents Act 2008. To find out more, visit our website kp.co.nz End CA:00342874 For:KPG Type:GENERAL Time:2019-10-18 13:51:58