CONSISTENTLY DAIWA PAN ASIA REIT DAY DELIVERING 1 – 2 SEPTEMBER 2014 0 0 CONTENTS 03 Fund overview 08 Result overview 12 Portfolio overview 24 Outlook 29 Appendices - The Trust’s balance date is 31 March. - All data is stated in New Zealand dollars. - All data is as at 31 March 2014, unless noted otherwise. - Subsequent to the March 2014 balance date the Trust sold its remaining 50% interest in 205 Queen. Refer to: kipt.co.nz or nzx.com Northlands Shopping Centre Christchurch 1 1 FURTHER INFORMATION For further information please contact: CHRIS GUDGEON GAVIN PARKER MATHEW CHANDLER Chief Executive Chief Financial Officer Investor Relations and Communications Manager Phone: +64 9 359 4011 Phone: +64 9 359 4012 Phone: +61 2 4377 1590 Mobile: +64 21 855 907 Mobile: +64 21 777 055 Mobile: +61 458 110 042 Email:
[email protected] Email:
[email protected] Email:
[email protected] ASB North Wharf Auckland Kiwi Income Property Trust • Daiwa Pan Asia REIT Day • September 2014 2 ASB North Wharf Auckland FUND OVERVIEW 3 3 FUND OVERVIEW Key attributes TRADITIONAL LISTED SOUND FINANCIAL SOLID PROPERTY HISTORY OF SOLID PROPERTY ENTITY POSITION FUNDAMENTALS RETURNS - New Zealand’s - Bank debt Diversified - Portfolio of 12 - Total return Largest largest internally 35.2% gearing ratio key retail and 9.7% pa since inception managed - Conservative office assets property entity gearing by asset value position Top 15 - Ranked within $ - Total assets - Net lettable the top 15 on 2.2b 373,000 area the NZX 50 sqm Index $ - Market $ - Net tangible - Tenants 1.3b capitalisation 1.17 assets per unit 919 (incl.