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

Brendon Doyle
General Manager
Paul Foley
Director
Richard Kirkland
Independent Director
Gary Scott
Company Secretary
John Selby
Independent Director
Melanie Templeton
Independent Director
Allan Yeo
Managing Director

Announcements

Title Date Type
PLP Distribution Notice Thu, Dec 05 2024 04:03 pm CORPACT
PLP – Redemption of Units (and NAV update) Wed, Dec 04 2024 04:28 pm SECISSUE
PLP- Redemption of Units (and NAV update) Tue, Nov 05 2024 02:30 pm SECISSUE
AMENDED - PLP Fund Update Wed, Oct 30 2024 08:30 am FNDUPDTE
PLP - Updated Disclosure Document Tue, Oct 29 2024 04:29 pm MKTUPDTE
PLP - Fund Update Tue, Oct 29 2024 10:14 am FNDUPDTE
PLP - Quarterly Client Update Fri, Oct 11 2024 03:28 pm GENERAL
PLP - SPH Movement Notice Wed, Oct 09 2024 03:40 pm SHINTR
PLP – Issuance of Units (and NAV update) Wed, Oct 09 2024 03:40 pm SECISSUE
PLP - Acquisition of Kiwifruit and Avocado Orchard Mon, Oct 07 2024 08:43 am TRANSACT

Major Holdings Announcements

Date Name No. Held % Current
10/07/23 Asset Custodian Nominees Ltd 51,399,031 55.76 54.24
10/07/23 Booster KiwiSaver
Scheme 27,269,830 27.71 28.78
22/08/22 Booster Investment Scheme 4,345,730 5.01 4.87
22/08/22 Booster SuperScheme 9,719,521 11.20 10.91
20/08/21 Booster KiwiSaver Scheme 25,088,846 37.41 35.87

Director’s Interests Announcements

Date Name No. Held % Details Other
22/12/23 Alison Louise Payne 15,773 - - -
22/12/23 Paul Gerard Foley 243,986 - - -
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: 13/02/2024


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