Property trust confident

Property sector fundamentals should remain resilient, says Kiwi Income Property Trust chairman Sean Wareing.

That would underpin solid rental growth in the trust's portfolios, he told the annual meeting of the country's largest listed property investor on Friday.

For the year to the end of March the trust reported a record full-year profit of $72.1 million, up 36.9 per cent.

- NZPA