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
11,981 Shares
Offer Price
NZD 86,862.00
Highest Bid
Active Bidders
Last Traded Price
$10,165.00
Last Traded Quantity
2,205 Shares
Last Traded Date
July 26, 2022

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
234 Rangitikei Street Palmerston North 234 Rangitikei Street, Palmerston North, 4410
15 Sheffield Crescent Christchurch 15 Sheffield Crescent, Burnside, Christchurch, 8053

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First NZ Audited Financials 2022
First NZ Audited Financials 2022
29/7/2022
FirstNZ Shareholder Ltr July 2022
FirstNZ Shareholder Ltr July 2022
19/7/2022
First NZ Properties Ltd Constitution 2022
First NZ Properties Ltd Constitution 2022
20/6/2022
FNZ Notice of Special Meeting June 17 2022
FNZ Notice of Special Meeting June 17 2022
29/5/2022
FNZ Constitution 2022
FNZ Constitution 2022
29/5/2022
CNP follow-up letter 2 with disclosure doc_FINAL_11 March 2022
CNP follow-up letter 2 with disclosure doc_FINAL_11 March 2022
27/5/2022
FNZ Director Ltr re CNP Follow on Offer Feb 24 2022
FNZ Director Ltr re CNP Follow on Offer Feb 24 2022
27/5/2022
First NZ Properties Fairness Opinion 23 Feb 2022
First NZ Properties Fairness Opinion 23 Feb 2022
27/5/2022
FNZ shareholder update - partial settlement of claims February 24 2022
FNZ shareholder update - partial settlement of claims February 24 2022
27/5/2022
CNP follow-on offer_FINAL to FNZ Board_28 Jan 2022
CNP follow-on offer_FINAL to FNZ Board_28 Jan 2022
27/5/2022
FNZ Share Trading Policy August 2021
FNZ Share Trading Policy August 2021
27/5/2022
Privacy Policy First NZ Properties Ltd June 2021
Privacy Policy First NZ Properties Ltd June 2021
27/5/2022
FNZ Dividend Policy Nov 2021
FNZ Dividend Policy Nov 2021
27/5/2022
Deed of variation Shareholders' Agreement Dec 2021
Deed of variation Shareholders' Agreement Dec 2021
27/5/2022
FNZ-Management-Agreement-Variation-December-2021
FNZ-Management-Agreement-Variation-December-2021
27/5/2022
Management-agreement-FSS-_-First-NZ-Jan-2021
Management-agreement-FSS-_-First-NZ-Jan-2021
27/5/2022
First NZ Director Ltr re CNP Offer - 9 Nov 2021
First NZ Director Ltr re CNP Offer - 9 Nov 2021
27/5/2022
First NZ Properties Fairness Opinion 9 Nov 2021
First NZ Properties Fairness Opinion 9 Nov 2021
27/5/2022
FNZ Shareholder update November 8 2021
FNZ Shareholder update November 8 2021
27/5/2022
First NZ 2021 Annual Audited Report
First NZ 2021 Annual Audited Report
27/5/2022
Shareholders Information August 31 2021 FNZ
Shareholders Information August 31 2021 FNZ
27/5/2022
Shareholder information May 10 2021 FNZ
Shareholder information May 10 2021 FNZ
27/5/2022
Shareholder Information June 29 2021 FNZ
Shareholder Information June 29 2021 FNZ
27/5/2022
Shareholder Information February 25 2021 FNZ
Shareholder Information February 25 2021 FNZ
27/5/2022
Management agreement (FSS _ First NZ) Jan 2021
Management agreement (FSS _ First NZ) Jan 2021
27/5/2022
First NZ Properties Ltd Constitution
First NZ Properties Ltd Constitution
27/5/2022
FSS Management Constitution
FSS Management Constitution
27/5/2022
FNZ YE 31 March 2020 Annual Report Audited
FNZ YE 31 March 2020 Annual Report Audited
27/5/2022
Annual Report FNZ 2019
Annual Report FNZ 2019
27/5/2022
Annual Report FNZ 2018
Annual Report FNZ 2018
27/5/2022
Annual Report FNZ 2017
Annual Report FNZ 2017
27/5/2022