That’s a line from the musical Hamilton which I recently saw…an amazing show. Alexander Hamilton was a founding father of the US – his early life was hard, he fought in wars against the British, he worked incredibly hard for President George Washington, and then he died in a duel defending his honour. Reading his…
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Who will ever forget Mel Gibson as William Wallace commanding his kilt-wearing kin to ‘hold’ as the English charged them on mighty steeds? Then at the last possible minute, he yells ‘NOW!’ and they lift sharpened poles to massacre the unsuspecting enemy. Perfect timing takes a perfect mix of imagination, hard work, and chutzpah. When…
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It feels like inflation has become a bit rock’n’roll. In the way that rock’n’roll 50 years ago was ‘bad’, almost shocking, but now, just another music genre. Parents used to fear what Mick Jagger would do to their daughters. Now – not so much. Pop, drum and bass (please no more drum n bass on…
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Home lending interest rates have dropped, and I am left wondering whether we should breathe a sigh of relief that this is the end of interest rate hikes or be cynical and assume that this is a simple marketing ploy by banking marketers who have had the heat put on them to lift borrowing enquiry.…
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It was not so long ago that I frequently heard people saying “we are in new era where interest rates will never return to pre-GFC levels”. I listened to a bank economist link interest rate spikes to population explosions, like the post World War 2 baby-boom phenomenon. The argument was that if you went back…
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1. How will a rise in interest rates impact the syndicate? Banks predict that interest rates may peak towards the end of next year (2023). We don’t have certainty on that, but we actively manage the risks. We believe that the rent inflation will provide a natural hedge against the rise in interest rates because…
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Our industrial investment strategy for Westland Property Syndicate is yielding good results. In November 2021, the Westland Property Syndicate LP purchased a prime industrial building in Rolleston – 20km from the Christchurch CBD. We liked the Rolleston location because it is one of the…
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Government funding support for early childhood sector attracting wholesale investors to Erskine Owen’s NZ Daycare Properties Fund LP. Daycare Properties Fund is enticing property investors Long-term leases and significant government support are enticing property investors to invest in daycare centres. Alan Henderson, Director at property investment company Erskine Owen, said the specialist investment sector is…
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Erskine Owen director Alan Henderson sat down with economist Dr David Skilling to discuss how changes in the global economy might affect New Zealand. David advises governments, companies, and financial institutions in the Asia Pacific, the Middle East and Europe on dynamics in global macro, economic policy, globalisation, and geopolitics. A global decoupling…
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Distribution centre syndication delivers strong returns to investors In late 2019, we launched a property syndication to purchase a Heinz Wattie’s distribution centre in Hastings for $29.1m. Two years later, the syndication has consistently delivered strong cash returns and capital growth. First, the syndicate has achieved an 8% return (paid monthly) – in line with…
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