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
AGM Date and Director Nominations Thu, Jun 12 2025 09:18 am MEETING
Annual financial results Tue, May 27 2025 08:30 am FLLYR
Asset Plus – Annual results conference call details Wed, May 21 2025 02:59 pm GENERAL
Asset Plus - Munroe Lane valuation Wed, Apr 09 2025 08:57 am GENERAL
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

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


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