Jasper, the technology-led Fund Manager, has completed the purchase of 84 Kerrs Road, Wiri. This is Jasper’s second acquisition in this established industrial precinct and the latest addition to its value-add logistics and industrial fund targeting assets in the greater Auckland area.
Wiri is one of the fastest-growing industrial precincts in Auckland due to its proximity to major roading networks and the Airport and access to an abundant labour force. The asset occupies a Heavy Industry zoned site providing generous onsite car parking, storage and maneuverability, with extensive yard space and quality office accommodation.
Simon Felton, Head of Acquisitions at Jasper, commented: This asset fits perfectly into our thesis of buying versatile buildings in strong locations. We continue to increase the portfolio’s exposure to Heavy Industry Zoning, noting the flexibility it offers both our current and future tenants. Often overlooked, the property also has a very attractive car parking ratio; these spaces can easily be utilised as yard if required in future.
Co-CEO & Executive Director
Posted on 2 Nov 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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