The PMG Pacific Property Fund has been issued a “4 IP” rating by Research IP, with a score of 3.99/5.
The Fund targets sound, well-located, generic industrial, office and retail properties across major metropolitan cities of New Zealand. The Fund offers investors a sustainable quarterly dividend stream, combined with the potential for capital growth over time in the value of their investment.
The upcoming proposed Offer is part of the ongoing open and close process for Pacific Property Fund Limited (PPF). This portfolio is a well diversified portfolio of 20 properties spanning across industrial, office, and retail assets. The assets are primarily located in the Auckland, Hamilton, Tauranga, Wellington and Christchurch.
What is the Fund’s competitive advantage?
Qualitative Research Report and Data Tear Sheet
* Data Tear Sheet available soon *
The full research report and data tear sheet can be accessed by subscribing for FREE to the Research IP Tools page.
https://platform.research-ip.com
Research IP says
“The Fund is a diversified direct property fund that invests into physical properties. By investing in physical assets investors are exposed to the risks of direct physical assets, significantly reduced liquidity, higher leverage, and potentially lower variation to income. Accordingly, the Fund may be suitable for investors seeking exposure to real-estate assets who are prepared to invest for the long-term in low volatility income streams with potential capital growth.“
“From an asset class perspective, this Fund is considered a satellite to a well-diversified portfolio. The Fund will generally sit within the alternative sector of a balanced portfolio due to the low correlation to listed investments.“
“The new properties acquired for this Fund are higher grade assets on balance. These assets should attract larger, more established businesses; thus a more defensive source of income would be expected for this part of the portfolio. The tenants will have sources of income predominantly spread across Australasian markets, as well as global markets.“
“Research IP believes the Manager is transparent from a fee perspective, noting the administration and underlying manager fees are disclosed in the PMG PPF Fund Product Disclosure Statement (PDS). While there is a high degree of transparency, Research IP believes there is a commensurately high degree of complexity. This is not inconsistent with global practices when dealing with physical assets versus listed investments. The absence of a performance fee for this product is a positive and a point of differentiation when comparing it with competitors’ products.“
Research IP, 5 March 2021
If you have any questions in relation to this report or the Research IP services, please contact us here.
Disclaimer, Disclosures and Warnings
Research IP strongly recommends this document and report be read in conjunction with the relevant Product Disclosure Statement. Research IP gives no warranty of accuracy or completeness of information in this document. Any information, opinions, views or recommendations in this video are general information only and do not take into consideration any person’s particular financial situation or goals and therefore does not constitute personalised financial advice. This document should not be relied upon as a substitute for financial advice from your authorised financial adviser.
Comments are closed