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25 Jun 2022 19:03
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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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     Today's News

    Environment:
    Afghanistan earthquake survivors frantically dig through rubble in search of relatives as relief trickles in 18:39

    Accident and Emergency:
    The search for a swimmer missing in the Tasman District's Maruia Falls has ended for the day 18:39

    Accident and Emergency:
    There's been a fatal crash involving a motorcycle in Northland this afternoon 18:39

    International:
    Where abortion is still legal in the US after the fall of Roe v Wade and what the decision means for medication abortion 18:10

    Cricket:
    England batters Jonny Bairstow and Jamie Overton have resurrected their reply to New Zealand heading into the third day of the final cricket test at Headingley 18:09

    Soccer:
    The Wellington Phoenix women's inaugural season in the A-League has helped propel their athletes into the Football Ferns 17:29

    Rugby League:
    Kiwis coach Michael Maguire can't think of a better way to reignite rugby league in New Zealand 16:49

    Cricket:
    The 12th man and woman factor of the Headingley crowd is willing on England like its Trent Bridge predecessor, heading into the third day of the final cricket test against New Zealand 16:29

    Accident and Emergency:
    One person has died in a vehicle found in the water at Karioitahi, near Waiuku 16:19

    Swimming:
    FINA bans Team USA artistic swimmer Anita Alvarez from competition after she fainted in Budapest pool 16:09


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