Property Managers Group has closed its $20 million PMG Direct Office Fund capital-raising fully subscribed.
Property Managers Group will open its PMG Direct Office Fund to new subscriptions next Monday.
Tauranga-based syndicator Property Managers Group opened an offer yesterday seeking $37.44 million to buy 2 industrial properties in Hamilton & Palmerston North.
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.
Property Managers Group (PMG) launched investment opportunities on Monday in 2 of its wholesale investment portfolios – PMG Capital Fund Ltd & the PMG Direct Childcare Fund.