Kiwi Steel
Each of these case studies was written shortly following completion of the relevant development or other significant lease-related event. While accurate at that time, in some cases, circumstances have changed, including PFI’s ownership of the property, the identity of the tenant, property specific metrics (including rent) and/or use of the property.
Overview
Kiwi Steel NZ Limited has entered into a substantial 15-year lease for the property located at 212a Cavendish Drive in Manukau. This significant commitment illustrates the company’s confidence in its operations and growth potential.
The partnership with Property for Industry (PFI) highlights a strategic approach to securing a stable location, which is vital for their ongoing business endeavors. Such long-term leases not only benefit the tenant but also enhance the property’s value and stability in the industrial market.
To ensure that the facility meets the specific needs of Kiwi Steel’s Roofing Division, PFI worked closely with the company to strengthen the building. This collaborative effort demonstrates PFI’s commitment to customizing industrial spaces for their tenants, ensuring they are not only functional but also aligned with the operational requirements of businesses like Kiwi Steel. By investing in infrastructure improvements, PFI enhances tenant satisfaction, which is critical for fostering long-lasting business relationships.
Overall, this case study exemplifies PFI’s dedication to enhancing industrial spaces tailored to tenant needs. Their focus on operational efficiency and tenant success is evident in the meticulous planning and execution of facility upgrades. This approach not only supports Kiwi Steel’s current operations but also positions them for future growth in a competitive market.
