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 – Redemption of Units (and NAV update) Wed, Feb 05 2025 03:57 pm SECISSUE
PLP - Avocado Orchards Valuation Update Thu, Jan 30 2025 08:30 am GENERAL
PLP - Confirmation of senior managers and key people Fri, Jan 17 2025 05:30 pm GENERAL
PLP – Quarterly Client Update – 31 December 2024 Wed, Jan 15 2025 12:15 pm GENERAL
PLP - Redemption of Units Tue, Jan 07 2025 03:47 pm SECISSUE
PLP D&O Ongoing Disclosure of Relevant Interests Thu, Dec 19 2024 03:55 pm SHINTR
PLP – Issuance of New Units – DRP (and NAV update) Thu, Dec 19 2024 03:54 pm SECISSUE
PLP Distribution Reinvestment Price Wed, Dec 18 2024 10:48 am MKTUPDTE
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

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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