LynnMall is a Regional shopping centre which first opened in 1963. Refurbishment and extensions over the years have taken the centre to 31,413 sqm, anchored by a Farmers department store, Countdown supermarket and a cluster of popular mini-major retailers. It is well located within the New Lynn town centre, adjacent to an integrated rail and bus interchange.
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.