Wholesale
New Ground Capital Limited

Homes for Tamariki Limited

Private Equity

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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.

Total Share/Units
Open Fund
Min Investment
50,000 Shares
Min Invest Value
NZD 50,000.00
Par Value
NZD 1.00
Issuer
New Ground Capital Limited
Issue Type
Private Equity
Sector
Managed Investment Scheme
Offer End Date
May 4, 2023

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

  • Review the Homes for Tamariki Limited Information Memorandum.
  • Complete your application via Syndex.
  • The manager will then be in contact to finalise your application including completion of the Offer and Subscription Agreement.

 Join us to make a difference.

Offer and Subscription Agreement H4T Sep 2022
9/13/2022
13/9/2022
H4T IM - September 2022
9/9/2022
9/9/2022

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