Northlands Shopping Centre

Northlands is a substantial freestanding single-level regional shopping centre, constructed in 1967.  The centre was extensively redeveloped in 2004 to incorporate an enviable mix of anchor tenants, making it the dominant shopping centre in northwest Christchurch.

Kiwi Income Property Trust acquired 50% of Northlands in March 1994 and the remaining 50% in March 1998.

Kiwi Income Property Trust is New Zealand's largest property trust, with $1.83* billion invested in a diversified portfolio of prime office and retail assets located throughout New Zealand. The Trust listed on the New Zealand Stock Exchange in December 1993.

The Trust'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.

You can find out more about Kiwi Income Property Trust by visiting the website.

* As at 30 September 2009