Thursday, 24 July 2014

Announcement

OFFICE: NPT: NPT LIMITED - EASTGATE SHOPPING CENTRE - NEW CENTRE MANAGER

24 Sep 2012 08:48NZX
Christchurch''s Eastgate Shopping Centre has appointed Joanna Hollander as its
centre manager. Eastgate is owned by NZX-listed company NPT Limited; the
centre has been managed by Jones Lang La Salle since July.

Jones Lang La Salle''s national retail manager Alistair Penny says," We''re
very pleased to have Joanna join the Eastgate team; her strong retail
property experience will be a great asset for the centre. Our aim is to have
Eastgate fully leased, and to continue to help rebuild the sense of community
in east Christchurch which is centred around Eastgate."

Prior to her appointment, Joanna was centre manager at Remarkables Park Town
Centre for more than two years where she was responsible for 50 tenants and
24,000m2 of retail, office and service tenancies under management.  A
graduate of Lincoln University, Joanna has a BCom in valuation and property
management.

Since April, when Eastgate received its CERA certification, there has been a
significant increase in leasing enquiry and activity. Lincraft, the
Australian fabric, craft and home furnishing store recently signed an eight
year lease for a 1500m2 space and will open in mid-November. There are
further leases in the pipeline with retailers keen to be located at Eastgate.

Alistair Penny adds, "The resurgence of leasing interest in Eastgate is due,
in no small measure, to former centre manager Graeme Roberts. Graeme has
worked tirelessly to get the centre repaired, rebuilt and revitalised since
the earthquakes began in September 2010. We are enormously grateful to his
energy and commitment to Eastgate."

NPT''s chief executive Kerry Hitchcock says, "Eastgate is a very attractive
proposition for retailers with its increased foot traffic and new leasing.
Its pivotal position in the east Christchurch community gives Eastgate a
great vitality and future - retailers want to take advantage of that.
Joanna''s experience will be advantageous for Eastgate and NPT welcomes her
aboard."

ENDS

Pix:
1. Joanna Hollander.jpg
2. Eastgate Shopping Centre.jpg

For more information, please contact:
Joanna Hollander M 021 341 552
Centre Manager E Joanna.Hollander@ap.jll.com
Eastgate Shopping Centre, Christchurch W www.eastgate.co.nz

or

Kerry Hitchcock M 021 937 688
Chief Executive Officer  E kerry@npt.co.nz

NPT Limited E www.npt.co.nz

Key Facts about NPT Limited
o The company is listed on the NZX; its code is NPT.
o The board comprises Sir John Anderson (chairman), Kerry Hitchcock, Jim
Sherwin, Tony McNeil and David Cushing.
o The acting chief executive officer is director Kerry Hitchcock; chief
financial officer is Marshall Maine.
o NPT has a diversified portfolio of retail, commercial and industrial
properties located in Auckland, Hawke''s Bay, Wellington and Christchurch.
End CA:00227634 For:NPT    Type:OFFICE     Time:2012-09-24 08:48:12
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