PMG’s largest portfolio of quality industrial, office and retail properties across main metropolitan centres in New Zealand.
Total portfolio
value
Portfolio
occupancy
Loan-to-value ratio (LVR)
Properties
Tenants
Weighted
average lease
term (WALT)
Pacific Property Fund is PMG’s largest and most established diversified commercial property fund.
The seven-year-old unlisted property fund has a proven track record of delivering sustainable returns (cash income), good liquidity (ability to sell shares) and value growth over time.
Read Pacific Property Fund Limited's independent research report by Northington Partners here (Dated 17 September 2019).
Our strategy is to target sound, well-located, generic industrial, office and retail properties across major metropolitan cities of New Zealand, which offer sustainable returns.
To grow a diversified portfolio of quality industrial, office and retail properties that deliver sustainable returns and growth over time.
The property is in the popular south-western industrial business suburb of Sockburn, approximately 8km away from the Christchurch CBD.
It comprises a workshop with a two-storey office and amenity block, a workshop extension and a recently finished clear span, high-stud warehouse. With a net lettable area of 2,756 sqm, the property also includes 22 car parks.
The property is solely tenanted by Glaziers Choice Limited (trading as Stake Glass), a locally owned and operated glass supplier.
Anderson Lloyd House is a six-level office building situated on the western side of the Avon River within the core business area of the CBD. It also includes great transport links (bus exchange, car parking) in close proximity.
Constructed in 2014, the upper floors consist solely of office tenancies, with amenities on the first floor, and a lobby on the ground floor. In total, 29 car parks sit across the ground floor and first floor, alongside bike racks. It has a net lettable area of 3,097 sqm and sits on a site area of 948 sqm.
Key tenants for the property include lawyers Anderson Lloyd (who pay for naming rights), Mediterranean Shipping Company and Lewis Bradford Consulting Engineers.
The property is a high-specification, five-level office building located across two titles in the Victoria Street Precinct.
Completed in 2017, the ground floor accommodates small-format retail operators, with office tenancies throughout the remaining four floors. In total, there are 125 car parks, with 18 of those within the building. It is also positioned well for future development potential as it has a net lettable area of 7,489 sqm and a site area of 5,081 sqm.
Key tenants include Nexia New Zealand, Alliance Group, NZ Marino and Pacific Radiology.
The property is a medium-scale manufacturing warehouse located in Auckland’s in-demand industrial suburb of Wiri.
Constructed on an 8,530sqm site and completed in the early 2000s, the property consists of medium stud warehousing and a single-level office. The balance of the land is utilised for parking, circulation, and storage.
Pilehire is the sole tenant, which specialises in hiring piling, excavation and engineering equipment, alongside a suite of services.
The property is located in the developing Northgate Business Park, which is close to Te Rapa, five kilometres from Hamilton CBD and has favourable links to key arterial routes.
Completed in 2019, the property consists of a large warehouse and canopy, along with ground and first-floor offices. It has a net lettable area of 2,635 sqm.
The property is solely leased to Kiwi Furniture Movers and contracts to many New Zealand furniture brands.
The single-level industrial property is located in Hornby, Christchurch.
Built in 1995, it includes a clear span warehouse space that underwent an extension in 2003 to the large, enclosed canopy. It includes 12 on-site car parks and has a net lettable area of 6,750sqm.
The premises is leased to trucking and logistics operation Summerland Express Freight Limited.
The property is located within the industrial precinct of Milson, next to the Palmerston North Airport.
Situated on 5.9 hectares, the warehouse includes a large, covered drive-through canopy with four roller doors to provide access to the main warehouse for loading. It has a compact office to accommodate approximately 60 people, includes 268 secure uncovered car parks and has a net lettable area of 24,655sqm.
It is currently the national distribution facility for EziBuy Limited, one of New Zealand’s largest online and catalogue retailers of fashion and homewares.
The original Ford Motor Company industrial property is located in Lower Hutt, just 20 minutes from the Wellington CBD. The property adjoins the Fund’s other property at 120 Hutt Park Road and has a net lettable area of 20,505sqm.
Built in 1937, the property was converted to house multiple mixed-use tenancies after Ford vacated in 1988. The existing heritage-listed façade remains an iconic part of the building and the property has also undergone major structural strengthening work in recent years.
Key tenants include TIL Freight Limited, United Steel, Allied Moving Services New Zealand and Formway.
The title includes 118 Hutt Park Road – a modern warehouse and office facility built in 2015, which spans 1,200sqm and is leased to United Industries.
The industrial property is located in Wellington’s Lower Hutt, a mere 20 minutes from the CBD. The 2.12-hectare site adjoins the Fund’s other property at 43 Seaview Road.
Constructed in 2001, it consists of a main built area of 6,499sqm, a 2,000sqm warehouse extension, and a total net lettable area of 9,566sqm. It includes 465sqm of office space and full drive-around access, hard-sealed yard.
The property is leased to international film company 880 Productions Limited Partnerships, alongside food packaging company Visco Globus New Zealand.
The retail property is located in the CBD of Whangarei. Constructed in the 1980s on a 2,787sqm site, the property has been comprehensively modernised as part of a landlord funded upgrade in 2017.
It has a net lettable area of 5,151sqm and is solely occupied by the well-established retailer, Farmers Trading Company Limited.
The property is located in the growing industrial precinct of Te Rapa in Hamilton.
Constructed in various stages, the manufacturing facility incorporates multiple Industrial buildings on a 1.9-hectare site with a net lettable area of 14,062sqm. The adjoining 3,220sqm includes 107 car parks.
Alto Packaging Limited is the sole tenant, which is one of New Zealand’s leading rigid plastic packaging companies.
Located in the city centre of Tauranga, the commercial and retail property has a net lettable area of 3,227sqm. It includes ground floor retail tenancies and office tenancies on the first and second floors.
Key tenants include Bank of New Zealand and Tauranga City Council.
The property includes a high-stud warehouse and a two-level office building located in the industrial area of Wiri. It has a net lettable area is 4,490sqm.
Key tenants include Amrita Nutrition Limited and Highway 1.
The purpose-built industrial facility is in the industrial area of Mount Maunganui, close to central Tauranga.
Constructed in 2014, it includes a two-level modern office block, high-stud warehouse, bulk store and a detached warehouse constructed in 2017. The property is 3.54 hectares and has a net lettable area of 11,851sqm.
The property is solely occupied by Tui Garden Products Limited, one of New Zealand’s leading garden products companies.
The property includes ground-floor retail and office spaces, two levels of office space, and a basement level. It has a net lettable area of 3,605sqm.
The property is currently leased to key tenants including Connect NZ Group and Finance Now.
The property is a three-level commercial office building in the Henderson commercial and retail area of Waitakere City. It has a net lettable area of 3,146sqm.
The key tenants are Griding Gear Games Limited and Ministry of Justice.
The large industrial property includes a two-level office with amenities, with a high-stud industrial workshop located behind it. It has a net lettable area of 3,801sqm.
Key tenants include DeLaval Limited and Alfa Laval New Zealand Limited.
The large industrial property is located in the Tauriko Industrial Estate. It includes a warehouse, factory, two-levels of offices and amenities, cold store, canopy and car parking.
The net lettable area is 5,085sqm and is fully leased to Hemp Farm New Zealand Limited.
The property consists of five industrial buildings located in the Izone Business Hub of Rolleston, located 24 kilometres south-west of central Christchurch.
Constructed between 2014 and 2020, and spread across four titles, it has a net lettable area of 22,786sqm.
Key tenants include CODA Group, Hilton Haulage and PGG Wrightson.
With a range of investment funds to suit New Zealanders of all ages and stages, it's easier than you may think to invest. Give one of our knowledgeable pmg Investor Relationships Managers a call for a no-obligation chat, or visit our FAQ page.
To start investing with PMG, register your contact details via phone or email. Alternatively, make an enquiry via our contact form and we’ll have someone from our Investment Relationships Team meet you.
Watch PMG’s history video to learn more about our approach to commercial property investments, along with the five funds within the company. We encourage you to speak with a friend or family member who knows us, and we also recommend you chat with a Financial Advice Provider for specific advice to suit your unique situation.
Look through our current investment offers to find the right PMG fund to suit you. After downloading, carefully review the associated Product Disclosure Statement(s) for the offer(s) you’re interested in. Investing with us is straightforward – either apply online using our secure and confidential investor portal, via the printable form on each fund page, or reach out to your local PMG office to fill out the relevant paperwork.
Our lines of communication are always open. If you have any questions, reach out to your local PMG Investor Relationships Manager. Whether it’s a general catch up or discussion around the latest developments with your investment, we’re here to help.
