PMG Direct Childcare Fund is open for wholesale investors. Please note this is a limited release to those who qualify.
The early childhood sector continues to experience significant growth, combined with a shortage of quality fit-for-purpose facilities. PMG Direct Childcare Fund will be raising funds for the development of two new childcare properties, bringing the total number of properties within the portfolio to five.
The proposed properties are located in Hamilton and in the Auckland suburb of Pukekohe, joining three other centres in Christchurch, Blenheim and Silverdale in Auckland.
Please note the metrics are based on predicted figures.
Minimum investment: $100,000
DOWNLOAD THE PMG CHILDCARE FUND IM BY COMPLETING THE FORM BELOW
PMG Direct Childcare Fund is focused on generating value for investors through the procurement, construction, and growth of a portfolio of early learning education (ECE) centres with a long-term investment horizon. The PMG Direct Childcare Fund is part of PMG’s investment diversification strategy and we are pleased to provide an alternative investment choice for our investors, as well as the opportunity for them to contribute to the education of young New Zealanders.
In key pockets, particularly rapidly growing urban locations in metropolitan centres, parents are demanding higher quality from the ECE sector. ECE demand is also supported by a strong government focus and incentivisation package for children aged 3-5.
PMG Direct Childcare Fund will be underpinned by experienced childcare operators on long-term leases, to provide secure and stable income for investors. We have developed a partnership with an experienced childcare centre developer, who has extensively researched and developed a fit-for-purpose model for properties that best facilitates early learning.
In partnership with leading childcare developers grow a quality portfolio of new build ECE properties in key strategic locations, based on analysis of demographic data, across major New Zealand metropolitan centres.
Create long term sustainable value for our investors through a portfolio of quality ECEs secured on long term lease terms. Whilst providing the best start for the children in our communities, through the provision of quality fit for purpose early childhood learning centres.
Open to eligible wholesale investors only.
Applications are now open for an offer of shares in PMG Direct Childcare Fund.This product is not suitable for retail investors. The offer of shares is only available to persons who are wholesale investors as defined in clauses 3(2) and 3(3) of Schedule 1 of the Financial Markets Conduct Act 2013 or in other circumstances where this is no contravention of that Act.
Prospective investors are recommended to seek professional advice from an Authorised Financial Adviser which takes into account their personal circumstances. The Sales team do not provide personalised advice. No person may offer, invite any shares or distribute any documents (including an Information Memorandum) to any person outside New Zealand without the approval of the Property Managers Group.
*The gross distribution return is indicative only. The target cash distribution is net of expenses but before tax and performance fees.
**Target internal rate of return net of expenses, but before tax and performance fees for the full financial year to 3 March 2019.
***Eligible wholesale investors refers to persons who fall within the definition of “wholesale investor” under the Financial Markets Conduct Act 2013. Further information on the definition of “wholesale investor” will be set out in the Information Memorandum which will be provided on request to prospective investors