Article sourced from NZ Herald, 8 November 2023 A new $20 million investment in healthcare infrastructure is set to improve access to health services for Māori and the wider rural community in one of the South Island’s fastest-growing towns. A Otago University study found rates of mortality higher for rural populations such as North Canterbury,…
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Christchurch Press Reports: Amberley is set to nearly double in size in the next few years with a record number of consents for new homes and a $200 million retirement village. One of the largest districts in the country with some 1600km of roading to maintain, Hurunui’s approximately 14,000 residents means it has the second…
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In November 2019, a wholesale investor invested $100,000 in our Hastings Distribution Centre Property LP syndicate through the subscription of units in the syndicate. It is a 45,351 m2 warehouse tenanted by Heinz Wattie’s on a 7.65 lease (4.65 years as at 1 September 2022) with an 8% pa* projected pre-tax cash return, paid monthly.…
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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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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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Investors switching from residential property in favour of commercial are driving strong interest in industrial sites and buildings across the country despite pandemic uncertainty. Alan Henderson, Director at property company Erskine Owen, said there is growing interest in commercial property because investors want a simple and long-term investment. “Residential investment is expensive, with landlords already…
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Westland Property Syndicate LP This offer will provide investors with the opportunity to invest in a high-quality industrial building with a long established tenant, Pegasus Engineering Limited, servicing the construction and infrastructure development sectors in the South Island. The property is located alongside other well-known NZ brands in the Izone Business Hub in Rolleston, one…
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Westland Property Syndicate LP at 6.25% p.a* projected cash return paid monthly EO Director Alan Henderson speaks to key members of the business who were instrumental in bringing this investment opportunity to you. Watch the webinar recording below to learn more about the Westland Property Syndicate. Video timeline: 00:48 Lisa Phillips, EO Director, talks about…
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