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How to buy Kiwi Property Group shares (KPG)

What you need to do to buy KPG shares on the NZX.

Kiwi property logo

Kiwi Property is a New Zealand property investment company that was founded in 1992. Shares in the company can be traded on New Zealand’s Exchange (NZX), so keep reading for step-by-step instructions on how to buy KPG shares.

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How to buy shares in Kiwi Property Group on the New Zealand Exchange

  1. Compare share trading platforms. If you’re a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table. Most importantly, you need to find a share trading platform that allows you to trade on the NZX.
  2. Open and fund your share trading account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Kiwi Property Group. Find the stock by name or ticker symbol: KPG. Research its history to confirm it’s a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Kiwi Property Group reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimise risk through the market’s ups and downs. You may be able to buy a fractional share of Kiwi Property Group, depending on your share trading account.
  6. Check in on your investment. Congratulations, you own a part of Kiwi Property Group. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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Kiwi Property Group overview and background

Kiwi Property was founded in 1992 by Richard Didsbury and Ross Green. After starting life as Kiwi Income Property Trust, Kiwi Property transitioned to its current name and a company structure in 2013.

A diversified property investment company, Kiwi Property focuses on real estate in New Zealand only and manages a portfolio of shopping centres and office buildings around the country. It owns over $3.2 billion of New Zealand property and manages in excess of $400 million worth of property on behalf of third parties, making Kiwi Property the largest diversified property company on the NZX.

Kiwi Property is headquartered in Auckland.

Performance and company results

In its 2021 annual report, Kiwi Property announced its financial results for the year ended 30 March 2021. Key figures included:

  • Net profit after tax of $196.5 million (an increase of $383.2 million compared to previous corresponding period)
  • Property portfolio fair value gain of $99.8 million
  • FY21 full-year dividend of 5.15 cents per share

Key details

NameKiwi Property Group LimitedIndustryREIT-Diversified
Ticker symbolKPGISINNZKPGE0001S9
TypeOrdinary sharesDate listed on NZX22 Dec 2014
End of financial yearMarchChief executive officerClive Mackenzie
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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