Sylvia Park, completed in June 2007, is the Kiwi Income Property Trust's flagship retail asset and the largest shopping centre in New Zealand.
The Centre is located at the demographic and geographic heart of Auckland and boasts the broadest retail mix of any New Zealand shopping centre, anchored by a strong collection of major tenants. The Centre extends primarily over a single level with a strong design focus that creates a unique retail environment and commemorates the site's rich history and local geography.
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.