PHOTO: SUPPLIED An illustration of a prime office block being built in Hamilton CBD which is part of a $215 million portfolio of industrial, retail and office buildings being offered to investors in a shared proportionate ownership scheme.
Investors are in hot demand with several large shared commercial property ownership schemes on offer as the new 2020 year swings into action.
A $215 million property portfolio of prime industrial, office and retail properties in Hamilton,Tauranga and Mount Manganui has been launched by well-established Queenstown-based syndicators Mitchell Mackersy.
The minimum investment is $100,000 to “wholesale/eligible” investors, who are experienced or high net worth investors, defined in the Financial Markets Conduct Act, to raise $120m of equity for the purchase of the portfolio. Forecast gross returns are 6.5 per cent.
A large Wellington Government-tenanted office building valued at $77m is being offered in a shared ownership scheme by experienced syndicators Oyster Group.
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