Asset Plus

Under Augusta’s management, Asset Plus focuses on a Yield Plus Growth investment strategy, targeting long term total returns that are greater than the benchmark return threshold detailed by the NZX Property Sector Index through value add and active management initiatives.

Asset Plus invests in a nationwide diversified portfolio of properties, spread across the main centres of Auckland and Christchurch, with select provincial exposure where the risk adjusted returns support the overall outperformance objectives of the fund.

Augusta externally manage Asset Plus, report to the Asset Plus Board and provide shared service functions.

Company Details

Registered Office: Level 2, 30 Gaunt Street, Auckland 1010

Postal Address: P O Box 37953, Parnell, Auckland 1151

Telephone: +6493024584

Facsimile: n/a

Website: https://assetplusnz.co.nz/

First Listed: 23/12/1996

Balance Date: 31 March

AGM: 22/08/2023

Directors and Executives

Allen Bollard

Independent Director

Carol Campbell

Independent Director

Bruce Cotterill

Chair

Paul Duffy

Director

Mark Francis

Managing Director

Joel Lindsey

Chief Operating Officer

John Edward McBain

Director

Simon Woollams

Chief Financial Officer

Announcements

Title	Date	Type
Special dividend	Mon, Dec 02 2024 08:59 am	CORPACT
Settlement of 35 Graham Street sale	Fri, Nov 29 2024 10:52 am	TRANSACT
Result for the six months ended 30 September 2024	Tue, Nov 26 2024 08:30 am	HALFYR
Interim results date & conference call details	Mon, Nov 18 2024 02:08 pm	GENERAL
Proceeds of Graham Street settlement	Fri, Nov 15 2024 08:30 am	MKTUPDTE
SPH Notice - Accident Compensation Corporation (ACC)	Tue, Oct 15 2024 04:09 pm	SHINTR
Results of Asset Plus Annual Shareholder Meeting	Tue, Aug 27 2024 08:30 am	MEETING
AGM Presentation and Addresses	Mon, Aug 26 2024 03:30 pm	MEETING
Asset Plus Climate Statements	Wed, Jul 31 2024 08:30 am	GENERAL
Notice of annual meeting	Fri, Jul 26 2024 04:32 pm	MEETING

Major Holdings Announcements

Date	Name	No. Held	%	Current
16/01/24	Salt Funds Management Limited	39,749,257	9.96	10.96
30/06/23	Centuria Platform Investments Pty L	72,507,288	-	19.99
31/05/23	Accident Compensation Corporation	55,539,084	14.31	15.31
03/12/21	Westpac Banking Corporation	29,455,484	9.13	8.12
16/09/20	Augusta Capital Limited	51,387,832	18.85	19.96
13/09/18	ANZ New Zealand Investments Limited	8,029,450	5.24	4.96
08/08/17	ANZ NZ Investments Ltd and ANZ Bank	18,721,450	12.68	11.56
22/06/16	AMP Capital Investors (New Zealand)	7,659,302	5.60	4.73
03/06/16	Mint Asset Management	8,061,135	6.30	4.98

Director’s Interests Announcements

Date	Name	No. Held	%	Details	Other
14/12/22	Mark Edward Francis	-	-	-	-
02/10/20	Carol Anne Campbell	99,504	-	-	-
29/06/16	S. R. Reid	27,000	0.02	-	-

Analysts’ Forecasts

	profit2021	profit2022	eps2021	dps2021	sales2021	ebit2021	ebitda2021
mean	-8.0	-.1	.0	3.8	2.0	2.0
high	-8.0	-.1	.0	3.8	2.0	2.0
low	-8.0	-.1	.0	3.8	2.0	2.0
sample	1	0	1	1	1	1	1

Disclaimer

Data on this page is from BusinessDesk and NZX Ltd for information purposes only. Details are believed to be accurate but no warranty is given as to accuracy, timeliness, reliability or completeness. No person should rely on the contents of the report and all persons should obtain independent professional advice before acting on any information connected with or contained in this report.

Last Updated: 25/03/2022