Changes to the board of Kiwi Property – Mike Steur

NZX ANNOUNCEMENT
11 February 2020
Changes to the board of Kiwi Property – Mike Steur

Kiwi Property Group Limited (KPG) has today advised that Mike Steur will retire as a
Director of the company at its annual shareholder meeting later this year.
Mr Steur is a member of the Audit and Risk Committee and the Remuneration and
Nominations Committee.
He was appointed a director of Kiwi Income Properties Limited, the manager of Kiwi
Income Property Trust (as Kiwi Property was formerly known), on 1 January 2010, before
becoming a director of Kiwi Property when the company was incorporated in October
2014.
Kiwi Property Chair, Mark Ford, said: “Mike has made an invaluable contribution to the
Board over the past 10 years. His experience, insight and commitment to robust
corporate governance have added significant value to Kiwi Property and its
shareholders. We wish him well in his future endeavours.”
Simon Shakesheff was appointed as a Kiwi Property director in November 2019, as part
of the Board’s succession planning process.
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Contact us for further information
Mark Ford
Chair

mv.ford1@gmail.com
(+61) 0416165495

Campbell Hodgetts
Communications & Investor Relations Lead

campbell.hodgetts@kp.co.nz
(+64) 0275634985

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 over 25 years and we
proudly own and manage a $3.3 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 the highest rated New Zealand company 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