Buckland Mixed Use Property Fund Ltd

Buckland Mixed Use Property Fund Limited

Commercial Property

Wholesale
Bid
Total Share/Units
7,732,448 Shares
Min Investment
20,000 Shares
Min Investment Value
NZD $20,000.00
Par Value
NZD $1.00
Quantity on Offer
70,000 Shares
Offer Price
NZD $59,500.00
Highest Bid
Active Bidders
Last Traded Value
NZD $50,000.00
Last Traded Quantity
50,000 Shares
Last Traded Date
May 26, 2022

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.

Highlights

  • Industrial, warehouse, mixed use
  • Investment opportunities, off the radar
  • Secondary market, investor/liquidity provider
  • Targeted pre-tax gross yield of 8.0% p.a. for the Fund each year
  • The initial three properties are fully leased with an average of eight and a half years and are in Auckland and Hamilton
  • The fourth investment was into the second largest shopping centre in the South Island

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.

480 Corsair Lane Auckland

480 Corsair Lane, Ardmore, Papakura 2582

143 Steele Rd, Hamilton

143 Steele Road, Rukuhia, Hamilton 3282

690 Corsair Lane Auckland

690 Corsair Lane, Ardmore, Papakura 2582

Buckland Mixed Use Property Fund IM
Buckland Mixed Use Property Fund IM
22/6/2022
Buckland Quarterly Report December 2022
Buckland Quarterly Report December 2022
26/5/2023
Buckland Quarterly Report December 2023
Buckland Quarterly Report December 2023
21/1/2024
Buckland Quarterly Report June 2022
Buckland Quarterly Report June 2022
26/5/2023
Buckland Quarterly Report June 2023
Buckland Quarterly Report June 2023
20/7/2023
Buckland Quarterly Report March 2023
Buckland Quarterly Report March 2023
26/5/2023
Buckland Quarterly Report March 2024
Buckland Quarterly Report March 2024
21/4/2024
Buckland Quarterly Report September 2022
Buckland Quarterly Report September 2022
26/5/2023
Buckland Quarterly Report September 2023
Buckland Quarterly Report September 2023
20/10/2023

Buckland Mixed Use Property Fund Ltd

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
7,732,448 Shares
Min Investment
20,000 Shares
Min Investment Value
NZD $20,000.00
Par Value
NZD $1.00
Quantity on Offer
70,000 Shares
Offer Price
NZD $59,500.00
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
  • Targeted pre-tax gross yield of 8.0% p.a. for the Fund each year
  • The initial three properties are fully leased with an average of eight and a half years and are in Auckland and Hamilton
  • The fourth investment was into the second largest shopping centre in the South Island

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.

480 Corsair Lane Auckland

480 Corsair Lane, Ardmore, Papakura 2582

143 Steele Rd, Hamilton

143 Steele Road, Rukuhia, Hamilton 3282

690 Corsair Lane Auckland

690 Corsair Lane, Ardmore, Papakura 2582

Buckland Mixed Use Property Fund IM
Buckland Mixed Use Property Fund IM
22/6/2022
Buckland Quarterly Report December 2022
Buckland Quarterly Report December 2022
26/5/2023
Buckland Quarterly Report December 2023
Buckland Quarterly Report December 2023
21/1/2024
Buckland Quarterly Report June 2022
Buckland Quarterly Report June 2022
26/5/2023
Buckland Quarterly Report June 2023
Buckland Quarterly Report June 2023
20/7/2023
Buckland Quarterly Report March 2023
Buckland Quarterly Report March 2023
26/5/2023
Buckland Quarterly Report March 2024
Buckland Quarterly Report March 2024
21/4/2024
Buckland Quarterly Report September 2022
Buckland Quarterly Report September 2022
26/5/2023
Buckland Quarterly Report September 2023
Buckland Quarterly Report September 2023
20/10/2023

Buckland Mixed Use Property Fund Ltd