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.”
Head of Acquisitions
Posted on 8 Sep 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.
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.
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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.
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