Mackersy Property agreed to acquire Northlands shopping mall from Kiwi Property Group Limited (NZSE:KPG) for NZD 160 million on September 7, 2022. The transaction is subject to the landlord's consent to the transfer of a ground lease over part of the carpark Kiwi Property and approval by its board. The transaction is expected to close on or before November 30, 2022.

Mackersy Property completed the acquisition of an Northlands shopping mall from Kiwi Property Group Limited (NZSE:KPG) on December 5, 2022.