Kerry Hitchcock has been involved in both residential & commercial property from different aspects for about 30 years… The investment memorandum for the “invest-to-rent” fund, by Haven Funds Management Ltd, is due out shortly.
Published 2 October 2009 St John Balanced Property Fund Ltd joined the Unlisted securities trading facility yesterday. The St John fund owns 3 commercial properties – Canterbury Arcade, between Queen & High Sts in Auckland, & 2 in Whangarei. It produced a $311,234 profit before tax & asset revaluations for the March year. […]
Commerce Minister Margaret Wilson said today privately created & operated exchange Unlisted’s value & trading volumes, and the number & type of issuers, had developed to the point where it should afford its investors the protection offered under the Securities Markets Act. Unlisted isn’t a registered securities exchange and therefore isn’t subject to the disclosure, […]