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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