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Jasper secures Māngere Bridge asset

Jasper secures Māngere Bridge asset

Jasper, the technology-led fund manager, has completed the purchase of 39-49 Mahunga Drive, Māngere Bridge. The acquisition is the latest addition to its industrial fund targeting Value-Add logistics and industrial investments within the greater Auckland area.

The asset is located in the tightly held industrial precinct of Māngere Bridge, offering excellent motorway access to Auckland International Airport and the CBD. Mahunga Drive comprises a series of buildings utilised for manufacturing, storage, and distribution.

Simon Felton, Head of Acquisitions at Jasper, commented, “Māngere Bridge has a unique pocket of 32ha of industrial land that adjoins the eastern boundary of SH20 - this year, we’ve secured 10% of that land supply. The location continues to stand out due to the limited number of holdings, positioning near SH20 and the general proximity to central suburbs."

Mark Campbell - Jasper

Mark Campbell

Co-CEO & Executive Director

Posted on 11 Nov 2021

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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.