Company News

Jasper acquires prominent logistics asset in Onehunga

Jasper acquires prominent logistics asset in Onehunga

Jasper, a technology-led Fund Manager, has completed the purchase of 259 - 265 Church Street and 145 - 149 Captain Springs Road, Onehunga. The asset is the latest addition to its new industrial fund targeting logistics and industrial investments across the greater Auckland area.

Church Street is a main arterial route connecting the established industrial suburbs of Onehunga, Penrose, and Mt Wellington, providing excellent access to key arterials including State Highway 1, and the South Western and South-Eastern motorways. Enjoying multiple access points, the asset comprises four industrial buildings across 10,000 sqm of high-quality warehousing and associated office space.

Simon Felton, Head of Acquisitions at Jasper, commented: “Equidistant between SH1 and SH20, this asset represents a prime location in Auckland’s logistics network. The fundamentals of the immediate area are also attractive - the gentrification and development of Onehunga is occurring at the expense of industrial availability. In terms of proximity and building functionality, these properties are ideally positioned to service the growing residential requirements of the area.”
Simon Felton - Jasper

Simon Felton

Head of Acquisitions

Posted on 8 Sep 2021

Invest with us

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.

Private Investors - Jasper Property

We make commercial real estate investment accessible to private investors in a simple and transparent way.

We provide private investors with curated opportunities, low minimums, low fees, transparent reporting and improved liquidity. All available through our secure online platform.

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.

Read Important Disclosures

 Institutional Investors - Jasper Property

A strategic partner for institutional capital

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.

Financial Advisors - Jasper Property

Partner with us to unlock the value of commercial real estate for your clients

We make it easy for you to add commercial property investments to your clients’ portfolio mix. Contact us today to find out more.

Important Disclosures

Liquidity Not Guaranteed: Jasper offers secondary market functionality on its platform, 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.

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.