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When you’re thinking about an industrial property, we’re the local experts ready to guide you with your industrial investment property. Auckland offers a strong base of industrial business and entrepreneurs; thus, investors choose Provincia as we’ve made it easy to increase the value of your property portfolio by investing in an industrial property fund.
Does this mean we exclusively cater to Aucklanders? No – we help investors all over New Zealand and overseas to invest in property. Where opportunities for great returns are available outside of Auckland in industrial property investment, we will evaluate and act on these. Due to the economic conditions present, we have principally focussed on Auckland property investment.
In Auckland, there is strong demand for industrial space due to the city’s growing economy and population. These spaces boast attractive rental yields compared to other investment options as well as favourable government policies and regulations supporting the industrial property market.
Combining our quality Auckland properties and our open-ended PIE (Property Investment Entity) fund that is taxed at a lower rate than traditional investments, with our strong historical 6.2% pre-tax cash yield (average 2019-2021 based on the capital invested), it’s easy to see why Provincia stands out as a leading fund for investors.
The strong team of experts and experienced investors on the Provincia board conduct comprehensive market analysis to identify ripe opportunities within the industrial Auckland property investment market, so you get all the benefits that come from owning an industrial property, and you don’t need to do a thing.
Why Invest In Industrial Properties With Provincia?
Provincia operates as a single diversified fund. Our management team are all seasoned investors as well, so they know the industry inside and out, and ensure the correct investment incentives are put in place, driving the future performance of your investment property. Auckland investors will see that our clear strategic vision has seen Provincia grow a portfolio which includes 12 properties with 22 diversified tenants in only 5 years, and we know this is just the beginning for us. With expertise in our local market, we have the tools to help you gain access to a diversified industrial property investment fund, without the obligations that come with owning a property directly.
The Benefits Of An Industrial Auckland Property Investment
Industrial properties have been a star performer across the New Zealand property market for some time. From start-ups to international e-commerce brands, business demand for flexible warehouses, manufacturing facilities, showrooms, and other multi-use industrial spaces has grown, and continues to grow every year. There are plenty of reasons for this. For example, because industrial property covers multiple uses, they’re more appealing to a variety of businesses. Industrial properties can also be easily sectioned into multiple spaces, giving businesses more flexibility and making it more cost effective for them if they don’t have to rent multiple spaces for specific purposes. It’s this adaptability that makes industrial properties more valuable, and they tend to sit vacant for less time compared to other types of commercial real estate.
The Smarter Choice When Looking At An Investment Property: Auckland
For an investment that will produce consistent returns over a long period of time, an Auckland property investment with Provincia is a great choice. We invest in high calibre mid-sized industrial properties ($5-10 million), in areas that currently have low vacancy rates, and are only forecasted to grow. Industrial properties are also valued on the space available, so they offer higher yields, and most industrial property leases include a fixed annual price increase linked to CPI. Factories and warehouses will always be needed across Auckland, which makes industrial properties a safe and reliable investment.