3 new childcare centres, 10.0% (IRR) & 15yrs
- Proposed Usage
- Development Site
- Land Area
- 4164.00 m²
- Property ID
• This offer is to become a unit holder in PMG Direct Childcare Fund, which will invest in three new-build childcare centres across Auckland and Christchurch.
• PMG Direct Childcare Fund is a Wholesale Managed Investment Scheme focused on developing fit for purpose early learning centres. The Fund is managed by Property Managers Group (PMG).
• The Fund has an attractive targeted internal rate of return of 10.0%1 and cash distribution of 6.502 cents per unit, paired with a conservative loan to valuation ratio of 34-45%3 and a 15 year4 average weighted lease term.
• The required minimum investment of $100,000 (100,000 $1 units) offers wholesale investors a much more accessible alternative, to direct investment, to participate in the competitive childcare market.
PMG Direct Childcare Fund is partnering with experienced planners and developers to acquire or design, develop and proactively manage purpose-built, industry-leading early learning centres nationwide.
PMG Direct Childcare Fund is open to Wholesale Investors only. This offer formally closes on 11th August 2017, with an ability to extend for 25 working days, or close early if oversubscribed.
More information on the properties themselves and the Fund’s investment strategy, objectives and parameters is available in the Information Memorandum, available for download or via hardcopy on request at www.propertymgr.co.nz.
PMG is one of New Zealand’s most established and trusted private property and fund managers. For 25 years PMG has been invested in delivering long term sustainability and value for investors through proactive management and portfolio diversification.
PMG’s mission is to create value for people in property. It does this by offering a range of property portfolios which cater for the differing needs of investors providing them with choice, diversification and sustainable income.
The portfolios PMG offers and manages on behalf of investors includes Pacific Property Fund Limited, a vehicle which invests in geographically and category diverse properties, and portfolios which invest in category specific properties such as PMG Direct Office Fund and PMG Childcare Direct.
Matt McHardy BCA
Head of Sales & Investment
Authorised Financial Adviser
(Property Managers Realty Ltd, Licensed REAA 2008)
DDI: 07 929 7109
M: 021 193 4550
Mat Harvie BComm
Sales & Investment - Auckland
DDI: 09 280 3469
M: 027 549 7229