KIP
12/12/2014 08:30
DRP
NOT PRICE SENSITIVE
REL: 0830 HRS Kiwi Income Property Trust
DRP: KIP: Distribution Reinvestment Plan price set at $1.1905
Kiwi Income Property Trust advises that the price for the Distribution
Reinvestment Plan (DRP) operating in respect of the interim distribution
payable on Tuesday, 16 December 2014 is $1.1905 per unit. The price
represents a 2% discount to the volume weighted average price of units traded
over the 10 business days following and including the ex-date.
Approximately 24% of Unit Holders, representing 38% of units on issue, have
elected to participate in the DRP. Unit Holders who wish to participate in
the DRP for future distributions should notify the Trust's Registrar, Link
Market Services, on 0800 377 388 or, for Australian investors, +64 9 375
5998.
ENDS
For further information please contact:
Stuart Tabuteau
Chief Financial Officer
DDI: +64 9 359 4025
Mob: +64 21 912 247
Mathew Chandler
Investor Relations and Communications Manager
DDI: +61 2 4377 1590
Mob: +61 458 110 042
About Kiwi Income Property Trust
Kiwi Income Property Trust's objective is to optimise returns for its Unit
Holders through the careful acquisition, development and professional
management of its property portfolio. The Trust is listed on the New Zealand
Stock Exchange and is ranked within the top 15 on the NZX 50 Index, and is a
member of the NZX 15 Index.
The total value of the Trust's property portfolio is $2.1 billion. Assets
include:
Key Retail Assets
Sylvia Park Shopping Centre,Auckland
LynnMall Shopping Centre,Auckland
Centre Place Shopping Centre,Hamilton
The Plaza Shopping Centre,Palmerston North
North City Shopping Centre,Porirua
Northlands Shopping Centre,Christchurch
Key Office Assets
Vero Centre,Auckland
ASB North Wharf,Auckland
The Majestic Centre,Wellington
56 The Terrace,Wellington
44 The Terrace,Wellington
Kiwi Income Property Trust's website address is kipt.co.nz
End CA:00258796 For:KIP Type:DRP Time:2014-12-12 08:30:32
