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
7,291,145 Shares
Min Investment
50,000 Shares
Min Investment Value
NZD 50,000.00
Par Value
NZD 1.00
Quantity on Offer
50,000 Shares
Offer Price
NZD 50,000.00
Highest Bid
Active Bidders
Last Traded Price
$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.

Property Name Location Address
143 Steele Rd, Hamilton Hamilton 143 Steele Road, Rukuhia, Hamilton 3282
690 Corsair Lane Auckland Auckland 690 Corsair Lane, Ardmore, Papakura 2582
480 Corsair Lane Auckland Auckland 480 Corsair Lane, Ardmore, Papakura 2582

Login for more details

Buckland Mixed Use Property Fund IM
Buckland Mixed Use Property Fund IM
27/5/2022

Buckland Mixed Use Property Fund Ltd