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.
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.
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.
Read 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.