5 Mar 2026
For the first time since 2019, PMG is pleased to offer access to the PMG Capital Fund - a wholesale fund designed for investors seeking long‑term, risk‑adjusted returns through active management.
This offer marks an important milestone for the Fund and opens the door for new wholesale investors to gain exposure to unique commercial property investment opportunities typically unavailable to the wider market.
The PMG Capital Fund is designed for wholesale investors seeking exposure to commercial property through a professionally managed fund structure, rather than owning property directly.
By investing in the fund, investors can access:
New Zealand's commercial property market has shifted from a “rising tide” environment to one where active stewardship and disciplined capital deployment determine outcomes.
PMG Capital Fund is built specifically for this environment. With your investment, the Fund can:
This is an opportunity to invest in a portfolio designed for agility through changing market conditions and growth through disciplined execution.
PMG has more than 30 years’ experience in New Zealand’s commercial property market and has established a reputation for:
This experience underpins the PMG Capital Fund and provides investors with confidence that opportunities are assessed, acquired, and managed with care and accountability.
Learn more about the offer and download the Information Memorandum here.
*The target gross cash return is stated before tax, after fees and costs. It is an indicative target only, and is subject to change. Actual returns may differ. There is no guarantee of future performance. Details on how the target gross cash return is calculated, assumptions made, and the risks associated with an investment in the Fund are available in the Information Memorandum.
Disclaimer: PMG Capital Fund Limited (PMG Capital Fund) is making an offer by way of shares to be issued in PMG Capital Fund (Offer). The Offer is made exclusively to persons in New Zealand that qualify as a "wholesale investor" within the meaning of the Financial Markets Conduct Act 2013 (Wholesale Investor). Additional considerations may apply to investors not resident in New Zealand. As the Offer is open only to Wholesale Investors, the Offer is not a "regulated offer", and the Information Memorandum in respect of the Offer is not a "product disclosure statement" for the purposes of the Financial Markets Conduct Act 2013 (FMCA). Accordingly, the Offer is not subject to the normal disclosure requirements of the FMCA, and investors may not receive a complete and balanced set of information, and will have fewer legal protections in connection with the Offer. Make sure you understand these consequences, read all information carefully and ask questions. Investments of this kind are not suitable for retail investors. Investing in PMG Capital Fund involves risk with no assurance of returns or capital recovery. Liquidity, redemptions and distributions are subject to liquidity and capital management requirements. Past performance does not guarantee future results. Any information provided to you in respect of the Offer does not take your individual circumstances and financial situation into account. Investors should take their own legal advice as to their status under the FMCA, and should consider obtaining independent financial, tax, and legal advice before making any investment decision.
