Kiwi Property Group has released the first image of how Ikea’s inaugural New Zealand store will look at its Sylvia Park centre, NZ Herald reports. Kiwi has also announced it pushed up bottom-line profit 14%, partly because of big property revenue rises from an expanded Auckland shopping centre and revaluation boosts. The company has also won consent for a 25-storey LynnMall mixed-use tower which it said is set to accelerate the centre’s evolution into a different sort of community.
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