Jasper opens secondary market, sets sights on Aussie

Jasper opens secondary market, sets sights on Aussie
Hurley: 'Lack of liquidity has limited investor appetite'. (Image: Jasper)
Brent Melville
Commercial property investment manager Jasper will go live with its secondary market offering on July 1, aiming to release market liquidity for locked-in syndicated investors.The Auckland-based property-tech firm, launched in 2019, has adopted a 'sharesies' style investment approach to property utilising a digital investment and reporting platform. Today, it manages four funds, across 14 assets valued at $342 million. Co-chief executive Mark Hurley said the intention of creating a secondary market is to provide investors with the o...

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