Erskine and Owen Limited

Westland Property Syndicate LP

Commercial Property

Wholesale
Trade
Total Shares/Units
7,891,336 Units
Par Value
NZD $1.00
Min Investment
50,000 Units
Min Sell Price Per Share/Unit
NZD $0.90
Total Quantity on Offer
100,000 Units
Highest Bid
Active Bidders
Last Traded Value
NZD $1.00
Last Traded Quantity
100,000 Units
Last Traded Date
December 12, 2024

Offer restricted to “Wholesale Investors” under clauses 3(2) and 3(3) of Schedule 1 to the Financial Markets Conduct Act 2013 (or to any other person to whom an exclusion applies under Schedule 1 of that Act).

E+O Property Syndication Limited (E+O, General Partner or GP) is establishing a new Limited Partnership – the Westland Property Syndicate LP (Limited Partnership or LP) – to purchase a prime industrial building.


The objective of the Limited Partnership is to provide investors with a competitive return through

investment in a single, high-quality, commercial property.


The General Partner has the property management expertise and experience to work with the tenant of the building, ensure the property is well managed and well maintained, and have strategies in place to grow the value of the property over time.


Target Returns

The SIPO for the Limited Partnership will include a target distribution to investors of at least 6.25% per annum (Cash Net Pre-Tax Annual Yield on Equity).


Investment Highlights

·      6.25% projected cash return paid monthly

·      High quality industrial building in a growing area - Izone, Rolleston

·      Long established tenant servicing infrastructure and construction

·      $50,000 minimum investment for wholesale/eligible investors only


The property was settled on 16 November 2021.

20 Westland Place

20 Westland Place, Izone, Rolleston

FY22 Q3 Report - Westland LP
FY22 Q3 Report - Westland LP
28/1/2022
FY22 Q4 Report - Westland LP
FY22 Q4 Report - Westland LP
4/5/2022
FY23 Q1 Westland LP_Quarterly Report
FY23 Q1 Westland LP_Quarterly Report
27/7/2022
FY23 Q2 Westland LP_Quarterly Report
FY23 Q2 Westland LP_Quarterly Report
5/12/2022
FY24 Q2 Westland LP Quarterly Report
FY24 Q2 Westland LP Quarterly Report
4/12/2023
FY24 Q3 Westland LP_Quarterly Report
FY24 Q3 Westland LP_Quarterly Report
13/3/2024
FY25 Q1 Westland LP_Quarterly Report
FY25 Q1 Westland LP_Quarterly Report
30/8/2024
FY25 Q2 Westland LP_Quarterly Report
FY25 Q2 Westland LP_Quarterly Report
26/11/2024
Westland Property Syndicate LP - Information Memorandum - Sept 2021
Westland Property Syndicate LP - Information Memorandum - Sept 2021
13/9/2021
Westland Property Syndicate LP taxable income rec 31 March 2022
Westland Property Syndicate LP taxable income rec 31 March 2022
13/7/2022

Erskine and Owen Limited

Wholesale
Erskine and Owen Limited

Westland Property Syndicate LP

Commercial Property

Bid

Offer restricted to “Wholesale Investors” under clauses 3(2) and 3(3) of Schedule 1 to the Financial Markets Conduct Act 2013 (or to any other person to whom an exclusion applies under Schedule 1 of that Act).

Total Share/Units
7,891,336 Units
Min Investment
50,000 Units
Min Investment Value
NZD $50,000.00
Par Value
NZD $1.00
Quantity on Offer
100,000 Units
Offer Price
NZD $0.90
Highest Bid
Active Bidders
Last Traded Price
NZD $1.00
Last Traded Quantity
100,000 Units
Last Traded Date
December 12, 2024

E+O Property Syndication Limited (E+O, General Partner or GP) is establishing a new Limited Partnership – the Westland Property Syndicate LP (Limited Partnership or LP) – to purchase a prime industrial building.


The objective of the Limited Partnership is to provide investors with a competitive return through

investment in a single, high-quality, commercial property.


The General Partner has the property management expertise and experience to work with the tenant of the building, ensure the property is well managed and well maintained, and have strategies in place to grow the value of the property over time.


Target Returns

The SIPO for the Limited Partnership will include a target distribution to investors of at least 6.25% per annum (Cash Net Pre-Tax Annual Yield on Equity).


Investment Highlights

·      6.25% projected cash return paid monthly

·      High quality industrial building in a growing area - Izone, Rolleston

·      Long established tenant servicing infrastructure and construction

·      $50,000 minimum investment for wholesale/eligible investors only


The property was settled on 16 November 2021.

20 Westland Place

20 Westland Place, Izone, Rolleston

FY22 Q3 Report - Westland LP
FY22 Q3 Report - Westland LP
28/1/2022
FY22 Q4 Report - Westland LP
FY22 Q4 Report - Westland LP
4/5/2022
FY23 Q1 Westland LP_Quarterly Report
FY23 Q1 Westland LP_Quarterly Report
27/7/2022
FY23 Q2 Westland LP_Quarterly Report
FY23 Q2 Westland LP_Quarterly Report
5/12/2022
FY24 Q2 Westland LP Quarterly Report
FY24 Q2 Westland LP Quarterly Report
4/12/2023
FY24 Q3 Westland LP_Quarterly Report
FY24 Q3 Westland LP_Quarterly Report
13/3/2024
FY25 Q1 Westland LP_Quarterly Report
FY25 Q1 Westland LP_Quarterly Report
30/8/2024
FY25 Q2 Westland LP_Quarterly Report
FY25 Q2 Westland LP_Quarterly Report
26/11/2024
Westland Property Syndicate LP - Information Memorandum - Sept 2021
Westland Property Syndicate LP - Information Memorandum - Sept 2021
13/9/2021
Westland Property Syndicate LP taxable income rec 31 March 2022
Westland Property Syndicate LP taxable income rec 31 March 2022
13/7/2022

Erskine and Owen Limited