Oyster is a leading New Zealand commercial property and fund manager with expertise in property fund structuring and equity raising.
Oyster currently manages over 20 property funds structured for retail and wholesale investors, including Oyster Industrial and the diversified Oyster Direct Property Fund.
The company partners with institutional capital and private equity investing in commercial property and holds management mandates with third party property owners across development, asset management, property and facilities management, and retail leasing.
Oyster manages a range of retail, office and industrial assets throughout New Zealand, with a combined value in excess of NZ$2.1 billion. Oyster’s team comprises specialists in transactions, asset and property management, development and finance.
Oyster Property Group is 50% owned by ASX listed Cromwell Property Group.
Oyster Industrial represents a premium investment opportunity for investors to access a defensive asset class with continued low vacancies, supply constraints of appropriately zoned land and consistent rental growth. As the strongest performing asset class in the New Zealand commercial property market for the last 15 years1, confidence in the industrial property sector remains high.
Oyster Industrial has provided an Annualised Total Return since inception of 11.1% for the period ending 31 December 20212.
5.25 cents per share p.a. forecast pre-tax cash distribution, payable monthly3 Equating to 4.41% on the minimum investment of $59,5004
1 Source: MSCI as at 30 September 2021.
2 Calculated from 21 October 2019 to 31 December 2021 based on the net asset value per share (including the 31 December 2021 valuations) and dividends paid during the period. Past performance is no indication or guarantee of future performance.
3 The return is only an indicative forecast pre-tax cash return and is for the financial period ending 31 March 2022.
4 The minimum investment is $59,500 being 50,000 shares at $1.19 per share.
The Oyster Direct Property Fund aims to provide investors with a stable monthly income stream, combined with the potential for capital growth, through investing in a diversified portfolio of quality property assets. This PIE fund targets a portfolio weighted towards major urban locations, quality tenants and long leases.