Kiwi Property’s credit outlook upgraded to stable by S&P Global Ratings

Kiwi Property announced today that S&P Global Ratings has revised the outlook for its issuer credit rating from 'Negative' to 'Stable', while affirming its investment grade rating of BBB/Stable. This positive adjustment indicates a more secure financial standing for the company.

In addition to the issuer rating, Kiwi Property's senior secured green bonds have been rated one notch higher at BBB+. This highlights the strength and reliability of these specific financial instruments.

Kiwi Property is a significant player on the New Zealand Stock Exchange, boasting over 30 years of experience in managing a substantial real estate portfolio. The company focuses on diversified, high-quality mixed-use, retail, and office properties, aiming to provide reliable investment opportunities in New Zealand property.