Articles tagged with 'PMG'

2000 new investors flock to latest commercial property deal

4 August 2021 - Unlisted commercial property funds manager PMG Property Funds Management has attracted 2000 new investors to its latest offer.

PMG to buy two substantial properties

20 June 2021 - Bethlehem Town Centre and a Wellington industrial property are being bought by the unlisted property funds manager for a total of $107.5 million.

Speedy uptake of property fund offer

20 April 2021 - Investor thirst for returns shows in strong and speedy take-up for PMG, who received a full subscription of $68 million for their Pacific Property Fund.

Down to work within a week of forming partnership

25 February 2021 - Tauranga-based PMG Property Funds Management has wasted no time in getting down to work with Australia-based listed 360 Capital, which it formed a 50% equity partnership with last week.

Aussie manager buys into PMG

19 February 2021 - Australian-based investment and funds manager, 360 Capital has taken a 50% stake in NZ funds manager PMG Property Funds Management.

Adapting to commercial’s new normal

29 September 2020 - Economic headwinds may be threatening the commercial property sector but one property fund manager is opening a new offer on the back of a year that has been successful, despite Covid-19.

PMG successfully completes capital raise

1 July 2020 - PMG Property Funds Management has raised $37.8 mill from investors in its latest Offer in PMG Direct Office Fund.

Resilience needed in face of change

28 May 2020 - The Reserve Bank says the commercial property sector is vulnerable to the Covid-19 crisis. But PMG Funds' chief executive believes that while there’ll be short-term pain, the biggest long-term impact will be structural change.

PMG closes fund early as oversubscribed

20 September 2019 - PMG Property Funds Management has closed its latest offer ahead of schedule due to unprecedented interest from investors. The Pacific Property offer raised...

PMG announces new market offer

9 November 2018 - Interested in testing the commercial property waters? Property Managers Group (PMG) has just put its largest retail offer in its diversified, unlisted commercial property fund on to the market.

Property funds popular

19 October 2018 - The Property Managers Group's latest fund, PMG Capital, has closed fully subscribed, two weeks ahead of the planned close date. It expects another...

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