Kiwi Property appoints Simon Shakesheff as a Director

NZX RELEASE
18 October 2019
Kiwi Property appoints Simon Shakesheff as a
Non-Executive Director


Kiwi Property is pleased to announce the appointment of Simon Shakesheff to its Board
as a Non-Executive Director, commencing 1 November 2019.


Simon is a recognised leader in Australia’s property finance sector, with a 30-year
executive career spanning several of the country’s most prolific property groups and
investment banks. He is currently Non-Executive Director of both Cbus Property and
Assembly Funds Management, as well as a consultant to the New South Wales
Treasury Corporation.


Prior to commencing his governance career, Simon was Group Executive, Strategy,
Stakeholder Relations and Research at Stockland. Before that, he was Managing
Director, Head of Australian Real Estate Investment Banking at Bank of America Merrill
Lynch, and Managing Director, Co-Head of Australian Real Estate Investment Banking
at UBS Australia. Simon previously spent 19 years as an equities analyst, including as
Executive Director, Head of Real Estate Analysis at J.P Morgan Australia and Executive
Director, Head of Real Estate Analysis, Macquarie Equities at Macquarie Bank.


Kiwi Property Chair, Mark Ford, says Simon’s wealth of property analysis and advisory
experience will be invaluable, as the Board continues to oversee the implementation of
the company’s new mixed-use strategy.


“Simon had an exceptional executive career and has emerged as an equally strong
director. He brings proven expertise in corporate strategy, mergers and acquisitions,
and debt and equity finance. I’m looking forward to him making an immediate impact
to the Kiwi Property Board as we continue delivering upon our strategic objectives for
investors,” says Mark.


In accordance with NZX Listing Rule 2.6.1, the Board has determined Simon is an
independent director having had regard to the non-exhaustive factors described in the
NZX Corporate Governance Code.


> Ends

Contact us for further information:

Campbell Hodgetts
Communications Lead
Email: campbell.hodgetts@kp.co.nz
Phone: +64 275 634985

2


About us
Kiwi Property (NZX: KPG) is the largest listed property company on the New Zealand Stock
Exchange and is a member of the S&P/NZX 20 Index. We’ve been around for 25 years and we
proudly own and manage a $3.2 billion portfolio of real estate, comprising some of New
Zealand’s best mixed-use, retail and office buildings. Our objective is to provide investors with
a reliable investment in New Zealand property through the ownership and active
management of a diversified, high-quality portfolio. S&P Global Ratings has assigned Kiwi
Property a corporate credit rating of BBB (stable) and an issue credit rating of BBB+ for each of
its fixed rate senior secured bonds. Kiwi Property is one of the highest rated New Zealand
companies within CDP (Carbon Disclosure Project) and is a member of FTSE4 Good, a series of
benchmarks and tradeable indices for ESG (Environmental, Social and Governance) investors.
Kiwi Property is licensed under the Real Estate Agents Act 2008. To find out more, visit our
website kp.co.nz