Wholesale
FSS Management Limited

First NZ Properties Limited

Commercial Property

Bid
Total Share/Units
4,065,452 Shares
Min Investment
1,000 Shares
Min Investment Value
NZD 1,000.00
Par Value
NZD 1.00
Quantity on Offer
3,000 Shares
Offer Price
NZD 17,700.00
Highest Bid
NZD 12,750.00
Active Bidders
1
Last Traded Price
$9,878.00
Last Traded Quantity
2,271 Shares
Last Traded Date
November 25, 2021

FSS Management Limited (FSS Management)

FSS Management is a Nelson-based team that manages 5 commercial properties on behalf of 3 New Zealand property holding companies. FSS Management currently handles more than $60 million in assets for over 800 long-term shareholders.

FSS Management is committed to securing long-term, passive growth for its investors who are its top priority.

First NZ Properties Limited (First NZ Properties)

Incorporated in 1995, First NZ Properties  is a well-established company with 365 current shareholders. First NZ Properties holds (indirectly through two wholly owned subsidiaries) two properties and is proactive in identifying market opportunities for buying and selling other properties. It has optimised its returns to investors in both capital gains and cash returns.

234 Rangitikei Street, Palmerston North

This property is a large, modern retail development situated on the northern fringe of the Palmerston North CBD and

comprises two separate buildings. The northern building is entirely occupied by Harvey Norman and has frontage to Rangitikei Street. The southern building has been partitioned into three shops occupied by Bed Bath and Beyond, Postie Plus and Uncle Bills. The buildings are separated by a central car parking and circulation area.

15 Sheffield Crescent, Christchurch

The property comprises a large, industrial complex situated on the south-eastern side of Sheffield Crescent in Burnside. This area is a progressive industrial district, located 7.5 kilometres northwest of the Christchurch CBD.

The building was constructed in various stages from 1975, with major extensions completed during the 1980s. The complex provides a range of factory and warehouse accommodation as well as offices and amenities, expansive grounds and extensive carparking and yard areas.

Property Name Location Address
15 Sheffield Crescent Christchurch 15 Sheffield Crescent, Burnside, Christchurch, 8053
234 Rangitikei Street Palmerston North 234 Rangitikei Street, Palmerston North, 4410

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First NZ Director Ltr re CNP Offer - 9 Nov 2021
First NZ Director Ltr re CNP Offer - 9 Nov 2021
9/11/2021
First NZ Properties Fairness Opinion 9 Nov 2021
First NZ Properties Fairness Opinion 9 Nov 2021
9/11/2021
FNZ Shareholder update November 8 2021
FNZ Shareholder update November 8 2021
8/11/2021
Valuation update 234 Rangitikei Street, Palmerston North as at 13th October 2021
Valuation update 234 Rangitikei Street, Palmerston North as at 13th October 2021
2/11/2021
First NZ Properties Ltd Dividend Announcement October 26 2021
First NZ Properties Ltd Dividend Announcement October 26 2021
2/11/2021
First NZ 2021 Annual Audited Report
First NZ 2021 Annual Audited Report
20/9/2021
Shareholders Information August 31 2021 FNZ
Shareholders Information August 31 2021 FNZ
20/9/2021
Valuation Report 234 Rangitikei Street, Palmerston North as at 31st March 2021
Valuation Report 234 Rangitikei Street, Palmerston North as at 31st March 2021
8/9/2021
Valuation Report 15 Sheffield Crescent, Christchurch as at 31st March 2021
Valuation Report 15 Sheffield Crescent, Christchurch as at 31st March 2021
8/9/2021
Shareholder information May 10 2021 FNZ
Shareholder information May 10 2021 FNZ
20/7/2021
Shareholder Information June 29 2021 FNZ
Shareholder Information June 29 2021 FNZ
20/7/2021
Shareholder Information February 25 2021 FNZ
Shareholder Information February 25 2021 FNZ
8/9/2021
Management agreement (FSS _ First NZ) Jan 2021
Management agreement (FSS _ First NZ) Jan 2021
30/6/2021
First NZ Properties Ltd Constitution
First NZ Properties Ltd Constitution
30/6/2021
FSS Management Constitution
FSS Management Constitution
20/7/2021
FNZ YE 31 March 2020 Annual Report Audited
FNZ YE 31 March 2020 Annual Report Audited
30/6/2021
Annual Report FNZ 2019
Annual Report FNZ 2019
20/7/2021
Annual Report FNZ 2018
Annual Report FNZ 2018
20/7/2021
Annual Report FNZ 2017
Annual Report FNZ 2017
30/6/2021