A diversified portfolio of quality, well-located industrial, office and retail properties across main metropolitan cities in New Zealand.
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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 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.
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