Augusta Industrial Fund, Augusta Capital, Bob Dey Property Report
Property Managers Group closed its $37.44 million Pacific Property Fund Ltd syndication offer fully subscribed on Friday.
Tauranga-based syndicator Property Managers Group opened an offer yesterday seeking $37.44 million to buy 2 industrial properties in Hamilton & Palmerston North.
Property syndicator has completed 2 sale & leaseback deals with Halls Refrigerated Transport Ltd, through Bayleys, for its next syndicate.
Property Managers Group’s $12 million wholesale capital fund has been fully subscribed a fortnight before closing date, and the group expects its $5.5 million wholesale direct childcare fund to be fully subscribed by closing as well.
NZX-listed property fund manager Augusta Capital Ltd will achieve 2 aims simultaneously when it leases the building at 54 Cook St, on the fringe of the Auckland cbd, to Jucy Snooze Ltd for a pod hotel.