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1 Jul 2022 19:17
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  •   Home > News > Business

    A better picture of Ikea's inaugural New Zealand store at Sylvia Park

    A better picture of Ikea's inaugural New Zealand store at Sylvia Park


    Kiwi Property Group has announced a14 percent rise in bottom-line profit, partly due to an expansion of the Auckland shopping centre and revaluations.

    It's announced last year's 196.5 million dollars net profit rose to 224.3 million for the year to March 31.

    The company also cited its deal with Ikea - which plans to open beside Sylvia Park.

    The Group says it's struck a deal with the European giant to sell 3.2 hectares of land on Te Ahoterangi Rise.

    © 2022 Newstalk ZB, NZCity

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     30 Jun: An extra 30-dollars in the pocket this September for Auckland electricity account holders
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     29 Jun: NZME is celebrating... as it reaches 100 thousand paid digital subscriptions for the Herald Premium Service
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    BUSINESS BUSINESS
    The Reserve Bank has offered a window into the future of building wealth through home ownership More...



     Today's News

    Motoring:
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    Entertainment:
    Zendaya is grateful her fans are so "respectful" of her boundaries and private life 18:51

    Law and Order:
    A 20-year-old man's been arrested in relation to a Whakatane hit and run 18:39

    Entertainment:
    The Duke and Duchess of Cambridge have paid tribute to "unfalteringly brave" Dame Deborah James following her death 18:21

    International:
    'Cryptoqueen' accused of $US4 billion OneCoin fraud added to FBI's most-wanted list 18:09

    Law and Order:
    A former Dilworth associate housemaster who was involved in the Auckland school's Scouts group has been sentenced to prison for sexual abuse of students in the 1980s and 1990s 18:09

    Entertainment:
    Meghan, Duchess of Sussex, has again asked for a lawsuit brought against her by her half-sister be dismissed 17:51

    Auckland:
    Auckland paramedics have rushed a person to hospital with serious injuries after an altercation in Henderson 17:39

    Rugby:
    Dalton Papalii is ready to play blindside if required in the test series against Ireland 17:29

    Hockey:
    A relaxed approach from Black Sticks defender Stephanie Dickins heading into the women's Hockey World Cup in the Netherlands 17:29


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