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Why Invest In Industrial Property
Industrial property has been the highest performing commercial property class over the last 15 years in New Zealand, out-performing the returns of the Office and Retail sectors*. This consistency and Provincia’s track record in delivering industrial property returns means we can provide a strong reliable return. Without the volatility of other investment classes, industrial property is an attractive investment option.
*Source: Morgan Stanley Capital Index (MSCI) – as at December 2020.
Provincia is an industrial property fund with a diverse investment portfolio of properties. The quality of our properties, beneﬁts of our open-ended PIE fund, and a strong historical 6.77 cps pre-tax cash yield (average for 2019 – 2023 based on capital invested) set the fund apart. We operate as a single diversified fund and the management team are all investors as well. With this, the right incentives are in place to drive future performance too.
Our Property Portfolio
We invest in quality mid-sized ($5-10 million) industrial properties located in growth areas that have sound economics. Our properties are located in areas with some of the lowest vacancy rates in the country. When tenants move on, we are confident in being able to replace them very quickly. Also during economic downturns, shops may close down and offices may cut back, but factories and warehouses just keep running.
Each year we prepare a full Annual Report for our investors. These are available for any prospective investor so that you can get a full transparent view into how we work, our opinions on future growth prospects and our financials. Additionally, the Annual Reports financials are fully audited by BDO Auckland, providing additional confidence and transparency for our investors.
Visit our latest offer page to find out what we are investing in next. We typically have three to four larger capital raises throughout the year to acquire new properties. In between there is still the opportunity to invest through our always on investment process.
Get started in industrial property today
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