PMG Property Funds Management Ltd will open investment next Tuesday to buy Vodafone NZ Ltd’s South Island headquarters for $58.65 million.
Read more →Syndication
Choice of investment sector has Provincia crowing
Provincia Property Fund Ltd said yesterday its choice of industrial investments left it as one of the few funds forecasting no change to its cash yield targets for the financial year through to March 2021.
Read more →Oyster settles 2 investment schemes in a week
Oyster Property Group Ltd has settled its second property fund purchase in a week.
Read more →Oyster settles Pastoral House purchase
Funds manager Oyster Property Group has settled its $77 million purchase of Pastoral House in Wellington from Precinct Properties NZ Ltd.
Read more →Corrected: Tenant mix supports Provincia dividend payout & Wiri acquisition
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 →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.
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