Company News

Jasper acquires high-profile North Shore asset

Jasper acquires high-profile North Shore asset

Jasper, a technology-led fund manager, has completed the purchase of 37-41 Poland Road and 20 Hillside Road, Wairau Valley. The acquisition is the latest addition to its new industrial fund targeting Value-Add logistics and industrial investments within the greater Auckland area.

Wairau Valley is a highly regarded and tightly held industrial locality close to the Auckland CBD. The asset comprises two levels of warehousing, extensive yard space and quality office accommodation.

Simon Felton, Head of Acquisitions at Jasper, commented: “Wairau Valley is attractive because it’s surrounded by an affluent demographic catchment. The fundamentals of the location position it towards trade retail and last mile logistics users - both considered premium tenants in a Light Industry Zoned area.”

Mark Campbell - Jasper

Mark Campbell

CEO & Executive Director

Posted on 11 Aug 2021

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Important Disclosures

Liquidity Not Guaranteed: Jasper offers secondary market functionality on its platform from time to time, however, there is no guarantee that you will be able to exit your investments on the secondary market or at what price an exit (if any) will be achieved.

Performance Not Guaranteed: Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this website will be profitable, or equal any corresponding indicated historical performance level(s).

Risk of Loss: Investing in commercial real estate involves a high degree of risk and may result in partial or total loss of your investment. We encourage our investors to invest carefully. We also encourage investors to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish.

No Personal Advice: Jasper does not provide personal advice or recommendations. The information provided on this website is general in nature only and does not constitute personal financial advice. The information has been prepared without taking into account your personal objectives, financial situation or needs. It is important for you to consider these matters and to seek appropriate legal, tax, and other professional advice before making a decision.

Wholesale Offers: Jasper currently only offers financial products to wholesale (or other qualifying) investors. Jasper does not currently hold a Managed Investment Scheme (MIS) license and our products are not suitable for retail investors.

FSPR No. 692011. Information on this page is based on information available to us as of the date of posting and we do not represent that it is accurate, complete or up to date.