Centre Place is predominately an enclosed, two level city centre, situated in the heart of the of the Hamilton CBD. The Centre originally commenced trading during 1985 and has been periodically refurbished and extended, with the most recent major refurbishment completed in 2002.
Previously known as Downtown Plaza, this single level centre is now incorporated into Centre Place. Following the relocation of The Warehouse, the Trust purchased their vacant 3,200m² building in December 2005. In 2006 a significant reconfiguration and refurbishment programme commenced on the two properties, linking them together as one. The refurbishment of the foodcourt was completed in 2007.
Kiwi Income Property Trust is New Zealand's largest property trust, with $1.83* billion invested in a diversified portfolio of prime office and retail assets located throughout New Zealand. The Trust listed on the New Zealand Stock Exchange in December 1993.
The Trust's objective is to optimise earnings and provide attractive long-term sustainable returns to investors through the strategic acquisition, professional management and ongoing development of office, retail and industrial property assets.
You can find out more about Kiwi Income Property Trust by visiting the website.
* As at 30 September 2009