Kiwi Property’s credit rating outlook revised to stable

02/12/2025 12:28 NZDT, CREDIT

Kiwi Property is pleased to advise that S&P Global Ratings has today revised the outlook for Kiwi Property’s issuer credit rating from ‘Negative’ to ‘Stable’, with the investment grade rating affirmed as BBB/Stable.

Kiwi Property’s senior secured green bonds are rated one notch higher at BBB+.

ENDS

For further information:

Fraser Gunn

Head of Corporate Finance and Investor Relations

fraser.gunn@kp.co.nz

+64 21 973 534

About us:

Kiwi Property (NZX: KPG) is one of the largest listed property companies on the New Zealand Stock Exchange and is a member of the S&P/NZX 20 Index. We have been around for over 30 years and proudly own and manage a significant real estate portfolio comprising some of New Zealand’s best mixed-use, retail and office buildings. Our objective is to provide investors with a reliable investment in New Zealand property through the ownership and active management of a diversified, high-quality portfolio. Kiwi Property is licensed under the Real Estate Agents Act 2008. To find out more, visit our website, kp.co.nz