Management update – GM Property Investment

NZX RELEASE
26 May 2021
Management update – GM Property Investment


Kiwi Property has today advised that Michael Holloway, GM Property Investment, will be leaving
the company. Michael joined Kiwi Property in August 2016 as GM Commercial, before moving to
his current role in March 2019.
Kiwi Property Chief Executive, Clive Mackenzie, said: “Michael has made a significant contribution
to the business over the past five years and has been instrumental in advancing our portfolio
rebalancing strategy. He will remain with the company for the next few months to support the
finalisation of the down-weighting of our non-core retail assets. We wish him all the best for the
future.”
ENDS

Contact us for further information:
Campbell Hodgetts
Communications Lead
campbell.hodgetts@kp.co.nz
+64 27 563 4985


About us:
Kiwi Property (NZX: KPG) is one of the largest listed property companies 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
proudly own and manage a significant real estate portfolio, 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 an issuer 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 benchmark and tradable 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