Investment in Mackersy Property by Kiwi Property

In November 2024, Kiwi Property invested in Mackersy Property by way of a convertible loan to support Mackersy’s continued growth. On conversion, Kiwi Property’s investment will result in a 50% shareholding.

Mackersy Property is one of New Zealand’s leading full-service property investment management firms with over $2 billion in real estate assets under management. It is focused on sourcing, funding and managing high-quality properties on behalf of wholesale investors across New Zealand. Mackersy Property manages assets across the office, retail, LFR and industrial sectors.

Kiwi Property is one of the largest listed property companies on the New Zealand Stock Exchange. It owns and manages a significant real estate portfolio, comprising some of New Zealand’s best mixed-use, retail and office buildings.