Get NZX governance insights in your inbox
Weekly digest of board changes, insider trades, and market signals. No spam. Unsubscribe anytime.
Disclaimer: This website is for informational and research purposes only and does not constitute financial, investment, or professional advice. We are not a licensed financial adviser under the Financial Markets Conduct Act 2013 (New Zealand). Always consult with a registered financial adviser before making investment decisions. While we strive for accuracy, data may contain errors or omissions. See our Disclaimer for full details.
Not affiliated with NZX Limited: NZXplorer is an independent research platform and is not associated with, endorsed by, or affiliated with NZX Limited or any of its subsidiaries. All data is sourced from publicly available NZX announcements, company disclosures, and other public sources. NZX® is a registered trademark of NZX Limited.
Information on this site is drawn from publicly available disclosures and is presented for transparency of governance and institutional accountability. Figures relate to roles held within organisations and do not represent personal financial profiling.
Data sourced from NZX announcements, company disclosures, FMA Disclose Register, dividends.co.nz and other public sources • © 2026 NZXplorer
Tenant Exposure Intelligence Cross-REIT tenant analysis across NZX-listed property companies. Identify shared tenant relationships, concentration risk, and sector-wide exposure to key commercial tenants.
Properties with Tenants
53
Multi-REIT Tenants
2
Tenants in 2+ REITs
Cross-REIT Tenant Relationships Tenants that appear across multiple NZX-listed property companies. These represent systemic exposure — if a major tenant defaults, multiple REITs are affected simultaneously.
Tenant REITs Properties Book Value ($000) Exposed Companies Woolworths 2 6 $26,100 NZ Post 2 2 —
REIT Tenant Concentration How concentrated is each REIT's tenant base? Higher concentration means greater single-tenant risk.
REIT Properties Unique Tenants Top Tenant Top Tenant % Top 5 Tenants APL Asset Plus 1 1 Auckland Council 100% Auckland Council (100%)
IPL Investore Property Limited 5 1 Woolworths 100% Woolworths (100%)
SPG Stride Property Limited 2 2 DHL 50% DHL (50%)
Top 25 Tenants by Property Count 1. Woolworths 6 props 2 REITs
2. NZ Post 2 props 2 REITs
3. Evolution Healthcare / Allevia Health 2 props 1 REIT
4. Evolution Healthcare 2 props 1 REIT
5. Suntory Oceania, Ingram Micro, Recorp 1 props 1 REIT
6. Healthe Care 1 props 1 REIT
7. Sky Network Television 1 props 1 REIT
8. GenesisCare 1 props 1 REIT
9.
Data sourced from publicly available records. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz . For informational purposes only. Not investment advice.
Woolworths (50%)
PFI Property for Industry Limited 2 2 Fisher & Paykel Appliances 50% Fisher & Paykel Appliances (50%) Tokyo Food (50%)
KPG Kiwi Property 3 3 ASB Bank 33% ASB Bank (33%) ASB Bank, IAG (33%) Urban Rest (33%)
VHP Vital Healthcare Property Trust 11 9 Evolution Healthcare / Allevia Health 18% Evolution Healthcare / Allevia Health (18%) Evolution Healthcare (18%) Healthe Care (9%) GenesisCare (9%) Allevia Health (9%)
ARG Argosy Property Limited 7 7 Citibank / CNZ 14% Citibank / CNZ (14%) Parliamentary Services (14%) NZ Post (14%) Iron Mountain (14%) NIWA (14%)
PCT Precinct Properties New Zealand Limited 8 8 Climate Change Commission 13% Climate Change Commission (13%) Russell McVeagh (13%) MFAT (13%) Wotton + Kearney (13%) Beca (13%)
GNZ Goodman NZ 14 14 NZ Post 7% NZ Post (7%) Suntory Oceania, Ingram Micro, Recorp (7%) Sky Network Television (7%) Coda, Mainfreight, Steel & Tube (7%) DHL, DSL Logistics, Fliway, Linfox, Supply Chain Solutions (7%)
Coda, Mainfreight, Steel & TubeMFT
1 props
1 REIT
10. DHL, DSL Logistics, Fliway, Linfox, Supply Chain Solutions 1 props 1 REIT
11. Essity, Oji Fibre Solutions, Winstone Wallboards 1 props 1 REIT
12. MainfreightMFT 1 props 1 REIT
13. Winstone Wallboards 1 props 1 REIT
14. Containerco, Camelspace 1 props 1 REIT
15. Fletcher BuildingFBU 1 props 1 REIT
16. Sleepyhead 1 props 1 REIT
17. Auckland Council 1 props 1 REIT
18. Allevia Health 1 props 1 REIT
19. Fertility Associates 1 props 1 REIT
20. Evolution Healthcare / Southern Cross 1 props 1 REIT
21. Southern Cross Healthcare 1 props 1 REIT
22. Calvary, Sonic Healthcare, GenesisCare, SA Health, Radiology SA 1 props 1 REIT
23. DHL, Freightways, Mainfreight, NZ Post, OfficeMaxFRW 1 props 1 REIT
24. Cotton On, NZ Post 1 props 1 REIT
25. Ford, Tesla 1 props 1 REIT
Top 25 Tenants by Book Value 1. ASB Bank $212M 1 REIT
2. Auckland Council $107M 1 REIT
3. Woolworths $26M 2 REITs