First Light (GVT Property Fund) Limited
Commercial Property
Register InterestThe law normally requires people who offer financial products to give information to investors before they invest. This information is designed to help investors make an informed decision.
If you are a wholesale investor under the definition of that term in clause 3 of Part 1 Schedule 1 of the Financial Markets Conduct Act 2013, the usual rules do not apply to offers of financial products made to you. As a result, you may not receive a complete and balanced set of information.
You will also have fewer other legal protections for these investments. Ask questions, read all documents carefully, and seek independent financial advice before committing yourself.
Exclusive Investment Opportunity with First Light Capital
First Light Capital is pleased to present a unique investment opportunity in the acquisition of two high-quality, modern properties located in Hastings and Te Awamutu. Both properties were purpose-built to meet the specific requirements of their respective Government tenants. Each property boasts a 100% NBS seismic rating, offering peace of mind for investors.
First Light Capital is an independent commercial property fund management company that prioritises people alongside performance. They are accessible, accountable and assertive, with a portfolio of premium investments around New Zealand for both individual and institutional investors.
Key Investment Features
- Strong Tenant Covenants: Government tenants provide stability and reliability.
- Long-Term Leases: The weighted average lease term (WALT) across the two properties is 5.0 years. With all three leases including three 3-year renewal options, potential lease terms could extend to 2037, 2038, and 2040.
- Regular Rent Reviews: Rent review mechanisms are built into the leases, providing steady and growing income streams.
This investment is made through a newly established PIE compliant Fund, offering investors the opportunity to benefit from properties at a low point in the property cycle. The Fund is projected to deliver an 8% p.a. pre-tax cash return (projected until 31st March 2027). In addition, the PIE structure caps the highest tax rate at 28%, providing significant tax advantages for some investors.
Why Invest?
- Modern, seismically secure buildings
- Long-term Government tenants
- 8% p.a. pre-tax projected cash returns with tax efficiency
Take advantage of this opportunity to invest in a robust, income-generating portfolio designed for long-term success. For more information, register your interest below.
