How To Join A Property Syndicate or Fund

Who Can Participate In Property Syndicates and Funds

To invest in our property syndicates or funds, you must qualify as a wholesale investor under the Financial Markets Conduct Act 2013. Wholesale investors are people (or businesses) who meet certain criteria set out in the law — for example, by making a large minimum investment, having significant investment experience, or meeting asset and income thresholds.

These rules are designed to ensure that investors in wholesale offers have the financial knowledge or resources to make informed decisions without the same protections provided to retail investors.

To view our current investment opportunities, click here.

What Is A Wholesale Investor In New Zealand?

Under the Financial Markets Conduct Act 2013 (FMCA), certain investors are classified as wholesale investors. If you qualify, some investments can be offered to you without the usual retail investor protections.
Below is a summary of the main wholesale investor tests (FMCA ss36–41):

Eligible Investor

You may qualify if you can certify that you have sufficient experience in buying and selling financial products to understand the benefits, risks, and value of different investments. You must sign a formal certificate stating why you qualify, and the certificate must be confirmed by a lawyer, chartered accountant, or authorised financial adviser.

Investment Activity

You may qualify if, in the last two years, you meet one of the following - Owned an investment portfolio worth at least $1 million, or carried out transactions in financial products totalling $1 million or more, or worked in an investment business for at least two years in the last ten and were involved in key investment decision-making.

Large Investor

You may qualify if your net assets or consolidated turnover have been at least $5 million in each of the past two financial years.

$750,000 Minimum Investment

You may qualify if the minimum amount payable by you on acceptance of an investment offer is $750,000 or more.

Investment Business

You may qualify if you are in the business of investing, dealing in, or advising on financial products — for example, a registered bank, fund manager, broker, or financial adviser.

Important Disclaimer

This information is a summary only. The wholesale investor categories are set out in full detail in sections 36–41 of the Financial Markets Conduct Act 2013. Whether you qualify depends on your individual circumstances. You should seek advice from your lawyer, accountant, or authorised financial adviser before certifying