Jasper, a technology-led fund manager, has completed the purchase of 560 Rosebank Road, Avondale. The acquisition is the latest addition to its new industrial fund targeting Value-Add logistics and industrial investments within the greater Auckland area.
Rosebank Road is a tightly held, high-performing industrial locality close to the Auckland CBD and has excellent motorway connectivity to Auckland Airport. The asset comprises generic large-format sprinklered warehousing with quality office space in a scarce heavy industry zone.
Mark Campbell, Chief Investment Officer at Jasper, commented: “There is a shortage of Heavy Industry zoning in Auckland. Properties with this feature, in premium locations, are very tightly held. This property’s broader fundamentals are attractive, and we’re pleased to secure it into our growing portfolio.”
Head of Acquisitions
Posted on 9 Jun 2021
Our expertise in acquiring and managing real estate assets, combined with our proprietary technology, helps us generate strong risk-adjusted returns for a diverse range of investors.
Jasper is an experienced operating partner for family office and institutional investors wanting access to high-conviction real estate strategies across Australia and New Zealand. We co-invest alongside our partners in each joint venture.
We are proud of our track record and relationships with some of the biggest names in real estate, including Blackstone.
We provide private investors with curated opportunities, low minimums, transparent reporting and improved liquidity. All available through our secure online portal.
We manage the entire investment process for you from start to finish; you sit back and enjoy direct commercial property ownership and the passive income it can provide.
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