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Sylvia Park shopping centre's galleria expansion is set to open at 9am on Thursday 15 October, Kiwi Property announced today. Spanning over 20,000 square metres and featuring a carefully curated selection of almost 60 stores, the $277 million development will make Sylvia Park's retail offering bigger and better than ever before. The galleria will also feature 'The Terrace at Sylvia Park', an expansive new dining precinct offering an exciting range of food and beverage options. The opening of the new development will take the total number of stores at Sylvia Park to 250, the most of any shopping centre in the country. With 5,000 car parks, direct train and bus linkages and the Carbine Road entry now reopened, Sylvia Park offers unparalleled access. Clive Mackenzie, CEO Kiwi Property, said Sylvia Park's expansion would enable it to continue attracting shoppers from across Auckland, and beyond. "Sylvia Park is already New Zealand's favourite shopping centre and we want to continue raising the bar. The galleria will deliver more stores, more choice and more excitement. It's never been easier for customers to enjoy the brands they know and love - all under the one roof." ENDS Contact us for further information: Campbell Hodgetts Communications and Investor Relations Lead campbell.hodgetts@kp.co.nz; +64 27 5634985 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 tradable 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:00359590 For:KPG Type:GENERAL Time:2020-09-11 09:00:09