Oyster Large Format
Retail Fund.
A strong performing and resilient asset class benefitting from strong occupier demand, limited turnover of tenancies and low levels of vacancy.
Oyster Large Format
Retail Fund.
A strong performing and resilient asset class benefitting from strong occupier demand, limited turnover of tenancies and low levels of vacancy.
Register your interest to be the first to know when the fund will re-open for investment.
The Oyster Large Format Retail Fund is an open-ended and PIE structured unlisted property fund. It aims to grow, through further acquisitions, a stable and diversified portfolio of large format retail real estate. The fund’s initial acquisition of the Albany Lifestyle Centre was a high profile 1.8 hectare site on a sought-after location with three road frontages. The fund’s investment strategy is to grow a diversified portfolio of large format retail properties, targeting supermarkets, DIY or hardware stores, bulk retail stores and bulk retail centres throughout New Zealand. A key objective for Oyster Large Format Retail Fund is delivering a stable monthly income return to investors whilst providing the potential for long-term capital gain.
Fund Overview
As at 31 December 2023
| Portfolio WALT | 5.99 years |
| Portfolio Occupancy Rate | 98.2% |
| Portfolio Valuation | $83,000,000 |
Tenant
% of Income
Lease Expiry
by Area (sqm)
Property Highlights
Significant Initial Asset
Albany Lifestyle Centre, a high profile 1.8-hectare site with three road frontages and easy access to State Highway 1. A gross lettable area of 26,687m² and 616 multi-level onsite car parks.
Quality Tenants
A diversified tenant mix, anchored by Mitre 10 Mega, the property is leased to nine other large format retail tenants including Freedom Furniture, Danske Mobler and Baby Bunting, with third floor offices occupied by EROAD and NZX.Express Your Interest
Register to be the first to know when the Oyster Large Format Retail Fund re-opens for investment.
Past performance is no indication or guarantee of future performance. All investors are recommended to seek professional advice from a financial advice provider which considers their personal circumstances before making an investment decision.
Distribution Reinvestment Plan & Application Form
The Distribution Reinvestment Plan provides you with the opportunity to reinvest your monthly cash distributions as additional fully paid units.
This flexibility enables you to continue to add to your investment within the Fund and provides the option to automate regular monthly investments.
Access the Distribution Reinvestment Plan Offer Document and Application Form.