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.
Erskine Owen is dedicated to delivering sustainable wealth to our clients through diverse commercial property investment options. We understand that each investor has unique goals and objectives, and we offer tailored investment opportunities to suit their needs.
Our latest offer, the Montreal Property Syndicate LP, presents wholesale investors with an exceptional opportunity to invest in a high-quality industrial building located in the heart of Christchurch, Canterbury. The Limited Partnership aims to generate long-term rental income by investing in a strategically located property supported by robust market forces that promote growth. The tenant profile in our opinion is strong as it includes Ideal Electrical Suppliers, who have 48 branches nationwide and national distribution centres throughout New Zealand, and BTG, with branches across New Zealand and Australia. Sydenham, where the property is located, currently boasts a vacancy rate of less than 1%, a testament to its proximity to Christchurch CBD and the growth in the industrial sector in Christchurch (CBRE Christchurch Market Report, Q1 2023).
We therefore believe the Montreal Property Syndicate LP has the potential to provide stable returns to our valued investors. Thank you for considering Erskine Owen’s latest property syndicate, and we look forward to supporting your investment objectives.
