Overview
E+O Property Syndication Limited (E+O, General Partner or GP) is establishing a new property fund – the NZ Daycare Properties Fund LP (Limited Partnership or LP) – which will focus on acquiring a portfolio of daycare properties. The objective of the Limited Partnership is to provide investors with a competitive return from a portfolio of daycare properties while providing diversity of tenant and location. Drawing on our property expertise, the General Partner has identified and acquired, an Initial Property in Hamilton that meets their buying profile criteria. The GP will seek out further properties with similar characteristics and return profiles to add to the portfolio in future. The General Partner has the property management expertise and experience to ensure tenancies within the portfolio are well managed with strategies in place to grow total property value over time. Target Returns The SIPO for the Limited Partnership will include a target distribution to investors of at least 6.25% per annum (Cash Net Pre-Tax Annual Yield on Equity). Limited opportunity to invest in a Government-backed sector. Investment Highlights · 6.25%* projected cash return paid monthly · Fund seeded with newly built centre in a growing city location · 15-year lease commencing 28 June 2021 · Proven daycare operator running multiple sites in New Zealand · Government-backed sector – initial centre licensed by MoE for 87 children · Limited equity – only $2,700,000 available in this offer · $100,000 minimum investment for wholesale/eligible investors only · Offer closes 17 September 2021, or earlier if fully subscribed
Financials
Investment Type:Wholesale
Wholesale Investment Type: NZ Wholesale MIS
Total Units/Shares:Open FundMin Investment Units/Shares:50000
Min Investment Value:NZD 50,000.00
Par Value:NZD 1.00
Establishment Date: 1 October 2021
Financial Year End: 31 March 2025
Market Snapshot
Last Traded Value:NZD 100,000.00
Last Traded Price:NZD 1.00
Last Traded Quantity:
Last Traded Date: 1 April 2024
Property Details
Contact
Document Name | Description | Date Uploaded |
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Erskine and Owen Limited
Traded Date | Traded Quantity | Traded Unit Price | Traded Value | Par Value | Trade Event |
---|---|---|---|---|---|
1 April 2024 | 100,000 Units | NZD 1.00 | NZD 100,000 | NZD 100,000 | Off Market Transfer |
19 November 2022 | 100,000 Units | NZD 1.00 | NZD 100,000 | NZD 100,000 | Off Market Transfer |
26 October 2022 | 50,000 Units | NZD 1.00 | NZD 50,000 | NZD 50,000 | Off Market Transfer |
28 September 2022 | 50,000 Units | NZD 1.00 | NZD 50,000 | NZD 50,000 | Off Market Transfer |
11 August 2022 | 50,000 Units | NZD 1.00 | NZD 50,000 | NZD 50,000 | Off Market Transfer |
11 August 2022 | 200,000 Units | NZD 1.00 | NZD 200,000 | NZD 200,000 | Off Market Transfer |
11 August 2022 | 100,000 Units | NZD 1.00 | NZD 100,000 | NZD 100,000 | Off Market Transfer |
9 August 2022 | 50,000 Units | NZD 1.00 | NZD 50,000 | NZD 50,000 | Off Market Transfer |
8 August 2022 | 200,000 Units | NZD 1.00 | NZD 200,000 | NZD 200,000 | Off Market Transfer |
11 July 2022 | 50,000 Units | NZD 1.00 | NZD 50,000 | NZD 50,000 | Off Market Transfer |
11 July 2022 | 100,000 Units | NZD 1.00 | NZD 100,000 | NZD 100,000 | Off Market Transfer |
7 July 2022 | 50,000 Units | NZD 1.00 | NZD 50,000 | NZD 50,000 | Off Market Transfer |
30 June 2022 | 50,000 Units | NZD 1.00 | NZD 50,000 | NZD 50,000 | Off Market Transfer |
29 June 2022 | 100,000 Units | NZD 1.00 | NZD 100,000 | NZD 100,000 | Off Market Transfer |
20 June 2022 | 100,000 Units | NZD 1.00 | NZD 100,000 | NZD 100,000 | Off Market Transfer |
25 May 2022 | 50,000 Units | NZD 1.00 | NZD 50,000 | NZD 50,000 | Off Market Transfer |
14 February 2022 | 150,000 Units | NZD 1.00 | NZD 150,000 | NZD 150,000 | Off Market Transfer |
13 December 2021 | 100,000 Units | NZD 1.00 | NZD 100,000 | NZD 100,000 | Off Market Transfer |
3 December 2021 | 50,000 Units | NZD 1.00 | NZD 50,000 | NZD 50,000 | Off Market Transfer |
3 December 2021 | 100,000 Units | NZD 1.00 | NZD 100,000 | NZD 100,000 | Off Market Transfer |
3 December 2021 | 50,000 Units | NZD 1.00 | NZD 50,000 | NZD 50,000 | Off Market Transfer |
30 November 2021 | 150,000 Units | NZD 1.00 | NZD 150,000 | NZD 150,000 | Off Market Transfer |
30 November 2021 | 50,000 Units | NZD 1.00 | NZD 50,000 | NZD 50,000 | Off Market Transfer |
15 November 2021 | 100,000 Units | NZD 1.00 | NZD 100,000 | NZD 100,000 | Off Market Transfer |
12 November 2021 | 100,000 Units | NZD 1.00 | NZD 100,000 | NZD 100,000 | Off Market Transfer |