* Metrics are based on the successful completion of the Offer
PMG Generation Fund is fully subscribed
We are pleased to advise the Offer has been fully subscribed.
PMG Generation Fund is a robust commercial property fund. The newer commercial properties, which are located in main metropolitan centres across New Zealand, are home to strong national and multi-national tenants such as Coca Cola Amatil, Euro Steel and Torpedo 7.
The properties held by PMG Generation Fund have excellent occupancy levels and lease terms. The Fund also makes it easier for investors of many generations to invest with a 24-hour, fully digitised onboarding application, and investment tracking portal.
The Fund provides investors with monthly cash distributions and future features will include the ability for investors to reinvest their monthly cash distributions to achieve the benefits of compounding interest and the ability to invest small amounts often.
The intention (subject to regulatory approval) for the Fund is to also invest in other unlisted property funds and listed property vehicles. Ultimately this aims to provide greater diversification (spread of risk) and provide improved liquidity, i.e. investors will likely have more flexibility to buy and sell units if desired.
PMG Generation Fund’s strategy is to invest and grow a portfolio of strategically selected direct and indirect commercial property assets (with financially resilient tenants) that provide tenant, geographic and asset class diversification across New Zealand and deliver investors a regular and reliable income return and growth in value over time.
To provide ease of access to commercial property investment for more New Zealanders, so they too can enjoy the benefits of regular and reliable income over time. The Fund's goal is to provide improved liquidity and diversification of assets.
Prospective investors are recommended to seek professional advice from an authorised financial adviser which takes into account their personal circumstances before making any investment decision. The Sales team do not provide personalised advice. No person may offer, invite any units or distribute any documents (including a Product Disclosure Statement) to any person outside New Zealand without the approval of PMG