Provincia Property Fund Ltd says about 85% of its rental income is from tenants who provide essential services and will therefore keep operating.
Read more →Syndication
PMG Generation Fund fully subscribed
PMG Property Funds Management Ltd has closed its latest offer, the $33 million opening investment in the PMG Generation Fund, fully subscribed days before its scheduled closing date, this Friday.
Read more →Oyster signals next investment scheme at Te Rapa
Oyster Property Group Ltd announced its next investment proposal yesterday, the Home Straight Park proportionate ownership scheme.
Read more →Daycare centre syndication over 50% committed
Erskine + Owen (E+O Property Syndication Ltd) said yesterday its syndication of a $15.55 million portfolio of 5 daycare centres targeted at wholesale investors had over 50% investor commitment.
Read more →PMG aims for wider investor spread with new industrial fund
PMG Property Funds Management Ltd launched a new fund yesterday specifically designed to make commercial property investment possible for more generations of New Zealanders.
Read more →Strong support evident for Oyster’s Tauranga Crossing limited partnership
Oyster Property Group Ltd began briefings for wholesale investors last week on interests in a limited partnership that will initially own 60% of the $315 million Tauranga Crossing retail centre on the outskirts of Tauranga.
Read more →Augusta launches new fund next week
Augusta Funds Management Ltd will open the Augusta Property Fund for investment next Wednesday, closing on 20 March, but still hasn’t set a date for the launch of its tourism fund.
Read more →E+O launches investment in daycare centre portfolio
Erskine + Owen (E+O Property Syndication Ltd) has launched a $15.55 million portfolio of 5 daycare centres targeted at wholesale investors.
Read more →Oyster launches Pastoral House investment
Oyster Property Group Ltd has launched its proportionate ownership scheme for Pastoral House in Wellington, which it’s conditionally bought from Precinct Properties NZ Ltd for $77 million.
Read more →Oyster opens Tauranga Crossing investment to wholesale investors
Oyster Property Ltd announced its intention on Friday to buy 60% of the Tauranga Crossing shopping centre outside Tauranga.
Read more →Provincia fund buys on Carbine Rd, announces capital-raising
Provincia Property Fund Ltd has gone unconditional on the $7.1 million purchase of 102A Carbine Road & 4 Gabador Place, Mt Wellington.
Read more →Propbd on Q Thurs31Oct19 – Apartments auction, Building consents, Vital Healthcare trust deed changes sail through, Waiwera liquidation, Wattie’s offer closes, Fed cuts again
Apartments auction, building consents, Vital, Waiwera Hot Pools, Heinz-Wattie, Erskine + Owen, Fed, Propbd on Q
Read more →Oyster settles first industrial fund acquisitions
Oyster Property Group Ltd settled the acquisition yesterday of the first 2 properties bought for its new industrial property fund.
Read more →Provincia industrial property fund settles 5th acquisition
The wholesale Provincia Property Fund Ltd has settled its latest industrial property acquisition at 1/30 Kerwyn Avenue, East Tamaki, taking the fund’s portfolio to $30.9 million.
Read more →Oyster industrial fund fully subscribed in 3 weeks
Oyster Property Group Ltd has taken just 3 weeks to fill its offer of $17.9 million of equity in a new industrial property fund.
Read more →PMG confirms capital-raising fully subscribed
PMG Property Funds Management Ltd confirmed yesterday that its latest offer of shares in Pacific Property Fund Ltd had closed fully subscribed.
Read more →Updated: Oyster launches industrial fund with 2 new-builds
Oyster Property Group Ltd opens its offer of $17.9 million of equity today to launch its new industrial property fund.
Read more →PMG halts fund applications because of already-high interest
PMG Property Funds Management Ltd put a hold last week on applications to invest in its unlisted Pacific Property Fund Ltd because of the high level of interest in it.
Read more →Erskine + Owen launches Heinz Wattie syndication
Property syndicator Erskine + Owen (E+O Property Syndication Ltd) has launched its fully underwritten offer to wholesale investors for Heinz Wattie’s national distribution centre in Hastings, which it bought from Asset Plus Ltd for $29.1 million in July.
Read more →Dunedin syndicate sells down in 2 weeks
Syndication specialist Erskine + Owen Ltd has closed its offer of a Dunedin building to wholesale investors after all units were taken up within 2 weeks.
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