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
SPH Notice - Salt Funds Management Limited Tue, Jan 16 2024 02:56 pm SHINTR
Result for the six months ended 30 September 2023 Tue, Nov 28 2023 08:30 am HALFYR
Interim results date & conference call details Fri, Nov 24 2023 03:17 pm GENERAL
Interim valuations Thu, Oct 26 2023 09:12 am GENERAL
35 Graham Street – settlement date Wed, Sep 27 2023 02:43 pm TRANSACT
Results of Asset Plus Limited Annual Shareholder Meeting Tue, Aug 22 2023 04:39 pm MEETING
AGM Presentations and Addresses Tue, Aug 22 2023 02:00 pm MEETING
AGM Presentations and Addresses Tue, Aug 22 2023 02:00 pm MEETING
Notice of annual meeting Fri, Jul 28 2023 12:16 pm MEETING
AGM Date and Director Nominations Thu, Jul 13 2023 08:30 am 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


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