Property Managers Group closed its $37.44 million Pacific Property Fund Ltd syndication offer fully subscribed on Friday.
The Tauranga-based syndicator raised the money to add 2 industrial properties in Hamilton & Palmerston North to the fund’s portfolio.
Pacific Property, an unlisted commercial property fund, holds a diversified portfolio.
9 November 2018: PMG looks to add 2 properties to unlisted Pacific fund
Attribution: Company release.