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."
Co-CEO & Executive Director
Posted on 11 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.
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.
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