Misc

Kiwi Income unit holders advised to just say no to Ross

Kiwi Income Property Trust unit holders are being warned not to sell to Australian company Ross Securities, which has offered to buy units at 94.75 cents each.

Monday, September 06th 2004

The listed units closed at $1.07 yesterday, up 1c.

Ross says in the offer document that it buys "securities in companies and trusts which have financial problems and/or which have a limited market".

The company also says it provides "small shareholders with a facility to exit their investment economically".

Read More - Opens in a new window

Most Read

Unity First Home Buyer special 3.99
SBS FirstHome Combo 3.99
ICBC 4.25
TSB Special 4.39
Co-operative Bank - First Home Special 4.39
SBS Bank Special 4.49
Unity Special 4.49
ANZ Special 4.49
Westpac Special 4.49
Kiwibank Special 4.49
Co-operative Bank - Owner Occ 4.49
Kainga Ora 4.49
ICBC 4.59
ANZ Special 4.69
Unity Special 4.69
SBS Bank Special 4.69
Nelson Building Society 4.69
BNZ - Std 4.69
Wairarapa Building Society 4.79
Westpac Special 4.89
Kiwibank Special 4.89
Co-operative Bank - Owner Occ 4.89
ICBC 4.99
Kainga Ora 5.15
SBS Bank Special 5.29
Westpac Special 5.49
ASB Bank 5.69
TSB Special 5.69
BNZ - Std 5.69
AIA - Go Home Loans 5.69
Co-operative Bank - Owner Occ 5.69
Kiwibank Special 5.79
SBS Bank 5.89
SBS FirstHome Combo 3.29
AIA - Back My Build 3.34
SBS Construction lending for FHB 3.74
CFML 321 Loans 3.95
Co-operative Bank - Owner Occ 4.99
Co-operative Bank - Standard 4.99
Heartland Bank - Online 5.30
ICBC 5.39
Kiwibank - Offset 5.65
Kiwibank 5.65
Kainga Ora 5.69

More Stories

Wednesday, January 07th 2026

Queenstown not off the radar for first home buyers

First home buyers are not being deterred by Queenstown’s soaring house prices.

Record levels of first home buyers taking out low deposit loans

Tuesday, December 23rd 2025

Record levels of first home buyers taking out low deposit loans

About half of all first home buyer lending has been done at a less than 20% deposit in recent months.

Buyers sitting on the sidelines in best time to buy in a decade

Thursday, December 04th 2025

Buyers sitting on the sidelines in best time to buy in a decade

Stable house prices, low interest rates and plenty of houses to choose from are still not enticing buyers.

Differing views on 50-year mortgage

Tuesday, December 02nd 2025

Differing views on 50-year mortgage

US president Donald Trump recently raised the idea of 50 year mortgages; but New Zealand advisers say such long loans won’t take off in New Zealand.