Wholesale
Erskine + Owen

Government Funded Industry Investment

Commercial Property

Register Interest

The law normally requires people who offer financial products to give information to investors before they invest. This requires those offering financial products to have disclosed information that is important for investors to make an informed decision. The usual rules do not apply to this offer if you are a person who comes within Schedule 1, clause 3(2)(a)-(c) or 3(3)(a)-(b)(ii) (inclusive) of the Financial Markets Conduct Act 2013. This includes where the amount invested upfront by the investor (plus any other investments the Investor has already made in the financial products) is $750,000 or more.

If you fall within Schedule 1, Clause 3 of the FMCA, as a result of this exclusion, you may not receive a complete and balanced set of information. You will also have fewer other legal protections for this investment. Investments of this kind are not suitable for retail investors. Ask questions, read all documents carefully, and seek independent financial advice before committing yourself.

Transaction Size
NZD 9,400,000.00
Share Price
Minimum Investment
NZD 50,000.00
Issue Type
Commercial Property
Sector
Property

Erskine + Owen

Established over 12 years ago, by Lisa Phillips and Alan Henderson, Erskine + Owen is a successful and growing property business based on intelligent property investment. Originally started to assist investors in securing property throughout New Zealand, a service it still performs today, Erskine + Owen has expanded over the past two years into the commercial property syndication sector. 

Erskine + Owen has a fully developed syndication model and has completed eight property syndications. Syndication work in progress at the present time totals nearly $55 million of conditional contracts. 

The company plans to build upon this successful syndication track record and grow its syndication business actively within the $5-30 million property value range. Erskine + Owen also includes a property management entity called Point Property and Portfolio Management Limited. This business operates in Auckland, Hamilton and Queenstown. 

The Offer

The Offer is for a minimum subscription to 50,000 $1 units in the Daycare Property Syndicate Limited Partnership. The Offer is only available to “wholesale investors” as this is defined in Schedule 1 of the Financial Markets Conduct Act 2013 (FMC Act)).

Key Details

+ Five fully tenanted Daycare Centres

+ Run by experienced Daycare operators with 10–15 year leases

+ Government funded industry investment

+ $50K minimum investment for wholesale/eligible investors

+ Total property value $15,550,000

Returns

7.0%* projected cash return paid monthly

*Projected pre-tax return for full one-year period. Details on how return will be calculated, and the risk associated with the investment and return, are set out in the Information Memorandum. The initial projected investor return was stated as 6.6% P.A. in the Information Memorandum. Due to the recent cut in the OCR rate the interest rate achieved upon settlement enables us to project a 7.0% P.A. return to investors once all five properties have settled.

Register Interest

Click on the Documents tab and you will see a copy of the current Daycare Property Syndicate Brochure.  

To Register Interest in this syndication, click on the button and a representative from Erskine + Owen will be in contact with you.

 

E+O Daycare Brochure 7.0%
April 24, 2020
24/4/2020

Join our Issuer newsletter

Our quarterly Issuer newsletter is for partners, businesses and anyone interested in what we’re up to, platform updates and market commentary. To sign up to the Investor newsletter for marketplace offers click here.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.