Private Land and Property Fund

The Private Land and Property Fund provides investors with an opportunity to obtain an investment exposure to a portfolio of primarily directly held, unlisted, agricultural and horticultural land and other property investments in New Zealand.

The Fund's investment objective is to provide investors with a complementary and enhanced risk / return outcome compared to traditional listed property investments.

It aims to generate an average annual long-term return of about 8% (before tax and after all fees, charges and costs) over rolling 7 year periods from a combination of income distributions and capital growth.

The Fund currently manages $50 million of property.


The Manager of the Fund is Booster Investment Management Limited, part of the Booster Group.


Company Details

Registered Office: Level 19, Aon Centre, 1 Willis Street,, PO Box 11872,, Wellington 6142
Postal Address: PO Box 11 872,, Wellington 6142
Telephone: +64-4-894-4300
Facsimile: n/a
Website: http://www.booster.co.nz/plpf
First Listed: 18/09/2019
Balance Date: 31 March

Directors and Executives

Dianne Day
Independent Director
Paul Foley
Director
Diana Papadopoulos
Alternate Director
Diana Papadopulos
Chief Executive Officer
Alison Payne
Chief Operating Officer
Gary Scott
Company Secretary
John Selby
Independent Director
Melanie Templeton
Independent Director
Allan Yeo
Managing Director

Announcements

Title Date Type
PLP - Redemption of Units (and NAV update) Wed, Nov 05 2025 04:08 pm SECISSUE
PLP - Fund Update Wed, Oct 29 2025 10:47 am FNDUPDTE
PLP – Quarterly Client Update – 30 September 2025 Fri, Oct 10 2025 09:02 am GENERAL
PLP D&O Ongoing Disclosure of Relevant Interests Fri, Oct 10 2025 08:30 am SHINTR
PLP - SPH Movement Notice Fri, Oct 03 2025 04:22 pm SHINTR
PLP - Redemption of Units (and NAV update) Fri, Oct 03 2025 04:21 pm SECISSUE
PLP D&O Ongoing Disclosure of Relevant Interests Fri, Sep 26 2025 09:13 am SHINTR
PLP - Issuance of Units (under the DRP) Thu, Sep 18 2025 01:13 pm SECISSUE
PLP Distribution Reinvestment Price Wed, Sep 17 2025 10:48 am MKTUPDTE
PLP - Appointment of Chief Investment Officer Fri, Sep 12 2025 08:30 am ADMIN

Major Holdings Announcements

Date Name No. Held % Current
04/04/25 Booster Investment Scheme 10,055,307 5.81 6.07
04/04/25 Booster SuperScheme 17,785,425 10.91 10.73
04/04/25 Asset Custodian Nominees Ltd 40,721,472 29.46 24.56
04/04/25 Booster KiwiSaver
Scheme 89,626,253 53.26 54.06
20/08/21 Booster KiwiSaver Scheme 25,088,846 37.41 35.87

Director’s Interests Announcements

Date Name No. Held % Details Other
27/06/25 Paul Foley 250,871 - - -
27/06/25 Alison Louise Payne 16,233 - - -
27/06/25 Diana Papadopoulos 48,770 - - -
19/12/24 Paul Gerard Foley 240,160 - - -
01/07/24 Jeff Morrison 222,322 - - -
18/12/23 Allan Seng Tong Yeo 149,611 - - -
07/06/23 Gary Scott - - - -
31/03/22 David Ian Beattie 99,554 - - -
15/10/21 A.J. McKenzie 1,169,900 - - -
16/04/20 Brendon Hugh Doyle 19,718 - - -

Analysts’ Forecasts

No forecasts available

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: 04/09/2025


Markets News

The contest for gentailers isn’t electrons – it’s politics
Markets

The contest for gentailers isn’t electrons – it’s politics

Big spend, high stakes: gentailers outline plans that depend on political tolerance.

Opinion

Pattrick Smellie: Air NZ’s Ravishankar grows up in public

The national airline’s new CEO faces plenty of challenges, some self-inflicted.

Air NZ’s Ravishankar grows up in public
Finance

RBNZ staff thin on ground after asbestos reopen

The finance minister understands the new flexible working policy for the RBNZ is near.

RBNZ staff thin on ground after asbestos reopen
Finance

Scam protection at heart of Code of Banking Practice update

Compensation is on the cards if banks fail all five scam-protection commitments.

Scam protection at heart of Code of Banking Practice update
Markets Market Close

Ryman and Tower lift NZ sharemarket, but ends lower

The S&P/NZX 50 Index closed down 0.96% or 129.811 points at 13,432.20.

Tom Raynel 27 Nov 2025
Ryman and Tower lift NZ sharemarket, but ends lower