Wholesale
Buckland Mixed Use Property Fund Ltd

Buckland Mixed Use Property Fund Limited

Commercial Property

Bid

The only persons who are eligible to transact on this issue are persons who are "wholesale investors" (as defined in the Financial Markets Conduct Act 2013 (FMCA)) or are otherwise excluded from the disclosure requirements of the FMCA under Schedule 1 of that Act.

Total Share/Units
7,392,866 Shares
Min Investment
50,000 Shares
Min Investment Value
NZD $50,000.00
Par Value
NZD $1.00
Quantity on Offer
67,365 Shares
Offer Price
NZD $67,365.00
Highest Bid
Active Bidders
Last Traded Price
NZD $50,000.00
Last Traded Quantity
50,000 Shares
Last Traded Date
May 26, 2022

Highlights

  • Industrial, warehouse, mixed use
  • Investment opportunities, off the radar
  • Secondary market, investor/liquidity provider
  • Initial pre-tax gross yield projected for the first year is 8.0% p.a.
  • Initial three properties are fully leased, average 10 years+

The fund's strategy is to take advantage of the many higher yielding opportunities that are a bit more complicated than the average single site warehouse with a well known branded tenant. You are unlikely to find a single tenant supermarket building in the portfolio because those investments are in high demand and do not produce a superior yield to investors. However, you may find a supermarket makes up a portion of tenancies in one or more of the investments.

Buckland actively look for investment opportunities that are “off the radar” and often these will not be obtained through a public tender process. Negotiated transactions appeal much more to them as do opportunities to provide a solution for a tenant and/or owner. For example, sale and lease back where a tenant may not want or need to own a building any longer but they want to continue operating out of that building. The fund will also lend on property security if our return hurdles are met and they are comfortable with the security levels.

143 Steele Rd, Hamilton

143 Steele Road, Rukuhia, Hamilton 3282

480 Corsair Lane Auckland

480 Corsair Lane, Ardmore, Papakura 2582

690 Corsair Lane Auckland

690 Corsair Lane, Ardmore, Papakura 2582

Buckland Mixed Use Property Fund IM
Buckland Mixed Use Property Fund IM

Buckland Mixed Use Property Fund Ltd