Pacific Property Fund Limited

A geographically spread and diversified portfolio of industrial, retail and commercial properties.

$250m
Total portfolio value
7.35 Cents per Share
Issue price $1.05 per share
97% Occupancy
Portfolio occupancy
6.25 Years
Weighted average lease term (WALT) on completion
40% LVR
Conservative debt to value ratio
14 Properties
Diversified portfolio of office, retail and industrial buildings

*Metrics listed above are based on the successful completion of the Offer and settlement of the acquisition properties.

NO LONGER ACCEPTING NEW APPLICATIONS

We have received significant interest in this Offer since it opened on 6 August 2019. Allocations have been filling faster than we expected. Due to this, from today we will be placing a hold on accepting new applications. Applications that we have received today will continue to be processed.

We understand this may mean some clients may miss out on acquiring shares in this Offer. We highly encourage you to contact your PMG investor relations manager to discuss other investment opportunities with PMG.

The Pacific Property Fund Offer is currently due to close on 25 September 2019 at 5pm, however, it is likely we will close the Offer earlier. A further update will be provided shortly.

As the manager of Pacific Property Fund Limited, we are hugely appreciative of your interest in the latest Offer and thank you for your ongoing support.

REGISTER YOUR INTEREST       PRODUCT DISCLOSURE STATEMENT

 

Please click on the below buttons to view the drone footage of the acquisitions, the Offer flyer and Five Reasons to Invest in Commercial Property.

DRONE FOOTAGE                 OFFER FLYER            5 REASONS

 

Please click on the below buttons to watch Scott and Matt discuss the new Offer and a current PMG investor sharing his reasons for investing with PMG.

SCOTT AND MATT DISCUSS THE OFFER                  INVESTOR STORY

 

About 

A diversified property portfolio of high quality industrial, office and commercial properties geographically spread across New Zealand. Offering excellent occupancy, lease terms and a conservative loan to valuation ratio.


Fund Strategy

To target sound, well-located, generic industrial, office and retail properties across major metropolitan cities of New Zealand which offer sustainable returns.


Fund Goal

To grow, over time, a diversified portfolio of quality industrial, office, and retail properties targeting total assets of $250m, deliver sustainable cash distribution returns and growth in value over time.


Target Size

$250m


Disclaimer

*The projected cash distribution for the full financial year to 31 March 2021 of 7.35 cents per share at the issue price of $1.05 per share equates to a 7.00% gross distribution yield. The cash return is indicative only and is net of expenses and fees, but pre-tax. 20,000 Shares ($21,000) and parcels of 10,000 Shares ($10,500) thereafter. Assuming successful completion of the Offer and settlement of the acquisition properties.

Prospective investors are recommended to seek professional advice from an Authorised Financial Adviser who takes into account their personal circumstances. The PMG business development and sales team do not provide personalised advice; however, they will make available adviser disclosure statements and product disclosure statements on request and free of charge. No person may offer, invite any offers or distribute any documents (including a Product Disclosure Statement) to any person outside New Zealand without the approval of PMG.


Properties

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40 Braeburn Drive, Hornby, Christchurch

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697L Truman Lane, Mount Maunganui

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59 Druces Road, Auckland

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307 Sandwich Road, Hamilton

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114 Dominion Road, Penrose, Auckland

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6 Alderman Drive, Henderson, Auckland

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46 Spring Street, Tauranga

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8 Robert Street, Whangarei

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8 Paerangi Place, Tauranga

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Kelston Shopping Centre

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33 Vickery Street, Hamilton

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El Prado Drive, Palmerston North

Contacts

Matt McHardy

Matt McHardy

Head of Business Development and Investor Relations

Phone : 07 929 7109 or 021 193 4550

Email : matt@pmgfunds.co.nz

Mat Harvie

Mat Harvie

Auckland Business Development and Investor Relations

Phone : 09 280 3469 or 027 549 7229

Email : mat.harvie@pmgfunds.co.nz

Lorena Zanesco

Lorena Zanesco

Client Relations Associate

Phone : 07-262 0228

Email : lorena.zanesco@pmgfunds.co.nz

Jordan Forrest

Jordan Forrest

Business Development and Investment Relations Manager - Canterbury

Phone : 027 659 6668

Email : jordan@pmgfunds.co.nz