The properties under our care range from large scale industrial parks
to ‘green-star’ rated office buildings and smaller mixed-use office and
retail properties throughout New Zealand – below is a snapshot.
*Metric includes the recently settled properties in PMG Generation Fund – Bethlehem Town Centre, 19 Bethlehem Road, Bethlehem, Tauranga and 11-13 Gough Street, Seaview, Lower Hutt, Wellington – which takes the Fund to a total portfolio value of $166m.
The Vodafone Innvo8 property is in Christchurch Central City. It is close to transportation hubs, the Christchurch Stadium and a new residential development precinct.
Completed in 2016, it is a state-of-the-art A-grade commercial office and retail building has a 5 Green Star Office Design rating, consists of five levels and has a nett lettable area of 8,941sqm. The Fund leases 90 car and 60 bike parks on Lichfield Street, located north-west of the building.
The building is fully leased to Vodafone New Zealand Limited.
The property is in the Auckland fringe city suburb of Penrose. The area benefits from its close access to the motorway and is walking distance to the Penrose train station and local recreational amenities.
Built in 1997, the four-level commercial office was constructed by Fletchers to accommodate their forestry division. The building is well-lit, with glass balustrades facing an atrium and has nett lettable area of 3,149sqm. The building includes 145 car parks on the ground floor.
Alongside key tenant SGS New Zealand, Managed Hosted Applications, Matrix Security Group and Advance Retail among others occupy the building.
The property is in the popular southern corridor area of Ellerslie in Auckland, with the train station only approximately 100 metres away.
Built in 2003, the four-level commercial office building has a nett lettable area of 4,588sqm. The property has access to a total of 159 car parks, primarily located underground.
The two Government tenants (Ministry of Justice and Ministry of Social Development) contribute over 80% of the property’s total rental income.
The Kiwibank Centre building is located on a prominent corner site on Victoria and Alma Streets in Hamilton and is close to central amenities and is next door to the Novotel Hotel.
Built in 1983, the four-level building has retail space on the ground floor and three levels of office space, with a nett lettable area of 1,912sqm. At 12 Alma Street, there is a 32-car park stacker (known as The Stack) on a 255 sqm site.
Alongside key tenant Kiwibank is the Department of Internal Affairs.
The property is located on Durham Street, in Tauranga’s central business district. The street recently upgrades regarding landscaping, pedestrian facilities, and the development of modern office buildings, including construction of the University of Waikato campus. It is walking distance to central city amenities and sits next door to PMG’s 127 Durham Street property.
Built in the 1980s, the three-level commercial office building has been recently renovated to include high-level upgrades throughout, and has a nett lettable area of 2,229sqm.
PMG occupies one of the tenancies on Level 1, with other notable tenants including Fire and Emergency New Zealand, The Property Group and Vision Consulting.
Vacant office space is currently available.
“We decided to invest in PMG because we wanted to take time back, in the knowledge our investments are being professionally managed by a team passionate about getting the best value and returns for their investors.
Initially we invested a sum across PMG’s investment funds. The financial performance of PMG's funds has been consistent and reliable. As a result, we have continued to invest more.”
“We wanted to invest in something, using the equity in the farm to borrow against, and reinvest in an income-producing investment to even out the ebbs and flows of farming. As a funds manager, everything PMG says it will do in its Product Disclosure Statements is delivered on. The PMG team is trustworthy, genuine, smart and approachable. They operate an open-door policy for their investors. You can see how everyone in the PMG team strives to achieve great results.”
“We wanted to remain invested in property, but have someone else manage it for us.
With PMG, we’re as happy as hell; the cheques keep rolling in. We lead a pretty good life, we don’t have to worry about much at all.”
“Transparent. Ultimately, they are trustworthy and I have a lot of respect for what PMG is doing. You have delivered a 100% on my expectations of what you said would do.”
“PMG were very receptive to our request to extend our premises. They have taken a real interest in the Tui business and genuinely care about our success.”
“The support shown... during a period that has no doubt also been very challenging for landlords, provided very welcome financial relief for Te Rito Maioha. We were also very appreciative of the speed at which you were able to work through a rent relief solution to share the burden of COVID-19 in a meaningful and tangible way with Te Rito Maioha. We look forward to continuing our association with PMG.”
"We've had rentals for a very long time, so that income can be up and down, whereas we know the money from PMG will be coming each quarter. It allows us to plan ahead, financially and within our life, and know that the money is going to be there."
"The great thing about PMG Generation Fund is that you can invest a small amount. I'd say to young people, it's actually never too soon to invest a small amount, if it's $1000, or $5000. It has a way of growing. I'd like to see more young people think about that. In life you can spend some money – but you also need to save money."
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.
