Erskine Owen Veritas Property Fund
Managed Investment Scheme
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 Veritas Property Fund
The Erskine Owen Veritas Property Fund aims to build a $1 billion dollar portfolio of commercial assets by 2030. The Fund intends to register as a multi-rate portfolio investment entity (PIE) with diversification across infrastructure, healthcare, manufacturing, office, and retail sectors. The initial property in the Fund is 14 Groome Place, Hawke’s Bay, a 7,000sqm coolstore tenanted by Mr Apple. Owned by listed company Scales Corporation, Mr Apple is New Zealand’s largest vertically integrated apple exporter and is on a 20-year triple net lease.
Erskine + Owen
Established over 18 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 years into the commercial property syndication sector and most recently launched the new Erskine Owen Veritas Property Fund.
Erskine + Owen also includes a property management entity called Point Property and Portfolio Management Limited. This business operates in Auckland, Hamilton, and Queenstown.
14 Groome Place
