North City is a two-level regional shopping centre, constructed in 1990 and extensively refurbished and expanded in 1997. A further redevelopment was undertaken in 2004 with the foodcourt relocated and additional specialty tenants added. The Centre boasts strong anchor tenants and a broad range of quality national and international specialty retailers.
Kiwi Income Property Trust (KIP or the ‘Trust') was founded in 1992, and a year later became New Zealand's first listed property trust. KIP invests only in New Zealand real estate, a mandate which it has followed since inception.
KIP's vision is to be New Zealand's leading property investment vehicle with a diversified portfolio of high quality assets providing superior returns.
KIP's objective is to optimise earnings and provide attractive long-term sustainable returns to investors through the strategic acquisition, professional management and ongoing development of office, retail and industrial property assets.
The Trust is managed by Kiwi Income Properties Limited, a company which is ultimately owned by Colonial First State Global Asset Management, the largest manager of Australian-sourced funds, and in turn the Commonwealth Bank of Australia.
You can find out more about Kiwi Income Property Trust by visiting the website.