Kiwi Property (KPG) has delivered 1H23 Underlying NPAT in line with our forecast but reversal of COVID rent relief provisions saw AFFO exceed our expectations; Top line rent growth exceeded our forecast and was partly offset by higher interest and tax
SUMMARY
(Sign Up to Access)
Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
Unlock all research summaries
Follow top, independent analysts
Receive personalised alerts and emails
Access Briefings, Analytics, and Events
Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.
Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.