Wholesale
New Ground Capital Limited

New Ground - Homes for Tamariki

Residential

Register Interest

WARNING

The law normally requires people who offer financial products to give information to investors before they invest. This information is designed to help investors make an informed decision. If you are a wholesale investor under the definition of that term in clause 3 of Part 1 Schedule 1 of the Financial Markets Conduct Act 2013, the usual rules do not apply to offers of financial products made to you. As a result, you may not receive a complete and balanced set of information. You will also have fewer other legal protections for these investments. Ask questions, read all documents carefully, and seek independent financial advice before committing yourself.

Transaction Size
NZD 20,000,000.00
Share Price
Minimum Investment
NZD 50,000.00
Issue Type
Residential
Sector
Property

Homes for Tamariki Limited 

AN ETHICAL INVESTMENT TO PROVIDE STABLE HOMES FOR CHILDREN AND YOUNG PEOPLE, AND A COMMERCIAL RETURN TO INVESTORS

Homes for Tamariki is an investment vehicle that purchases existing homes throughout New Zealand and leases these properties to the Government for accommodation of vulnerable children and young people and their caregivers. We envision a future where all children and young people, regardless of their circumstances, can live in a safe, stable, supportive home. Homes for Tamariki is delivering a transformational improvement designed to help achieve this, hand-in-hand with attractive financial returns for investors.

HOW IT WORKS

  • The Government (through the Ministry for Children) identify fit for purpose properties around NZ (they require ~100 properties over the next 3 years)
  • The Fund then purchases these properties and leases them to the Government on 5 year terms with 3 rights of renewal
  • The Government pays rent annually in advance, and takes responsibility for the property and the young residents
  • The Fund makes quarterly distributions (net of rates, management fees, interest costs and incidental costs)

KEY DETAILS

  • The Company aims to deliver to shareholders: quarterly dividends from net rental income of 4% p.a. and capital growth through appreciation of property values
  • First close complete at $3.35m and first three homes acquired (in New Plymouth, Hamilton and West Auckland)
  • Now raising a further $20m over the next 12 months
  • $50k minimum investment
  • Tax efficient Company PIE structure and interest deductibility
  • Open to wholesale investors only

HOW TO INVEST

We believe investments that make a strong societal or environmental impact can also offer the greatest sustainability, financial and personal rewards over the long term. Because when we look after our people and our environment, we all benefit.

Join us to make a difference.

To be connected with the New Ground Capital team regarding a possible investment in Homes for Tamariki, click 'Register interest' below.

H4T IM - September 2022
September 13, 2022
13/9/2022

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