How much rental revenue, if any, does Kāinga Ora estimate has been forgone in relation to Hamilton properties untenanted for more than 12 months?

Answer

Kāinga Ora – Homes and Communities advises that forgone rental revenue associated with Hamilton properties that have been untenanted for more than 12 months totals $259,570 (based on assessed market rent as at 31 August 2026). These properties are no longer in service and are currently progressing through the Right of First Refusal and subsequent divestment process.