Kiwi Property Sells ASB North Wharf to Precinct for $205m

Monday, Jan 26, 2026 5:24 pm ET1min read

Kiwi Property Group has agreed to sell Auckland's ASB North Wharf to Precinct Pacific Investment Limited Partnership for $205 million. The deal is part of Kiwi's capital recycling programme, with the company's balance sheet now positioned to support growth as the property market recovers. Precinct is part of a partnership with global institutional investor GIC.

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