E+O Property Syndication Limited (E+O, General Partner or GP) has established a 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 the portfolio while providing diversity of tenant and location. 

Drawing on our property expertise, the General Partner has identified and acquired, another 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.

The New Property at 10-18 Shakespeare Avenue, Enderley, Hamilton, which was purchased by the Limited Partnership is representative of the profile of properties that will be acquired. The property was settled on 24 May 2022 with the support of Underwriters and there are still a limited number of Units available to purchase.

Target Returns

The Statement of Investment Policy and Objectives (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). 

Investment Highlights

+ 6.25% p.a projected cash return* paid monthly

+ Purpose-built daycare centres in growth locations

+ Long leases – Weighted Average Lease Term (WALT) of 15.27 years

+ Quality daycare operators running multiple sites in New Zealand

+ A sector with significant Government support – ECE subsidies underpin tenant revenues

+ $50,000 minimum investment for wholesale investors only