Cross-REIT tenant analysis across NZX-listed property companies. Identify shared tenant relationships, concentration risk, and sector-wide exposure to key commercial tenants.
Unique Tenants
45
Properties with Tenants
53
Multi-REIT Tenants
2
Tenants in 2+ REITs
REITs Analysed
9
Tenants that appear across multiple NZX-listed property companies. These represent systemic exposure — if a major tenant defaults, multiple REITs are affected simultaneously.
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 |
|---|---|---|---|---|---|
| IPLInvestore Property Limited | 5 | 1 | Woolworths | 100% | Woolworths (100%) |
| APLAsset Plus | 1 | 1 | Auckland Council | 100% | Auckland Council (100%) |
| SPGStride Property Limited | 2 | 2 | DHL | 50% | DHL (50%)Woolworths (50%) |
| PFIProperty for Industry Limited | 2 | 2 | Fisher & Paykel Appliances | 50% | Fisher & Paykel Appliances (50%)Tokyo Food (50%) |
| KPGKiwi Property | 3 | 3 | ASB Bank | 33% | ASB Bank (33%)ASB Bank, IAG (33%)Urban Rest (33%) |
| VHPVital 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%) |
| ARGArgosy Property Limited | 7 | 7 | Citibank / CNZ | 14% | Citibank / CNZ (14%)Parliamentary Services (14%)NZ Post (14%)Iron Mountain (14%)NIWA (14%) |
| PCTPrecinct Properties New Zealand Limited | 8 | 8 | Climate Change Commission | 13% | Climate Change Commission (13%)Russell McVeagh (13%)MFAT (13%)Wotton + Kearney (13%)Beca (13%) |
| GMTGoodman Property Trust | 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%) |
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.
