PMG’s largest portfolio of quality industrial, office and retail properties across main metropolitan centres in New Zealand.
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Established in 2014, Pacific Property Fund is PMG’s largest directly held commercial property fund.
To target sound and well-located industrial, office, and retail properties across major metropolitan and regional centres of New Zealand, that offer sustainable returns.
To develop a resilient, diversified portfolio of quality industrial, office and retail properties across New Zealand with the robustness of scale that can deliver sustainable cash distribution returns and growth in value over time.
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 Beak and Johnston NZ Pty Limited, and Highway 1.
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 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, Zany Zeus 2020 Ltd 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.
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 Grinding Gear Games Limited and Ministry of Justice.
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.
The property is located in the premium Northgate Business Park industrial precinct with close access to State Highway 1 and Hamilton’s CBD.
Constructed in 2014, the modern industrial property has two storage warehouses, a loading bay and office space, with a net lettable area of 9,387 sqm. It includes 13 car parks.
The property is solely leased to Normans Transport Limited, a well-established New Zealand owned and operated family business that supplies transport and storage solutions.
The property is a modern, high-quality industrial facility completed in 2018.
It includes a workshop, showroom space, and offices, and it’s situated at the northern edge of the Te Rapa industrial zone.
The property has a net lettable area of 3,191 sqm and the key tenant is Keith Andrews Trucks Limited.
This industrial property has recently undergone significant renovations to a modern fit-out.
The total floor area consists of a substantial office and amenities area, a drive-through workshop, and a large showroom.
The property is located at the southern end of Whangārei and is close the 46-50 Rewa Rewa Road property.
It has a net lettable area of 2,453 sqm and the key tenant is Keith Andrews Trucks Limited.
This property is a purpose-built modern truck salesroom/repair workshop.
The rear portion of the main building houses a specialist truck and bus inspection area with offices and amenities.
Included with the purchase of this property is a 7,722 sqm site of vacant industrial land at 12 Te Waiiti Place.
Given the scarcity of industrial land for development in the area, future development is likely. 46-50 Rewa Rewa Road has a net lettable area of 2,737 sqm and the key tenant is Keith Andrews Trucks Limited.
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