PLP announces $5.8 million asset value drop

The Private Land and Property Fund (PLP) has announced a net reduction of $5.8 million, or 2.7%, in its net asset value.

The decrease in value was attributed to an update in the valuation of several properties within the portfolio.

As a result, the most recent net asset value per unit has decreased from $1.323 to $1.288.

The adjustments will be reflected in the unit price issued on August 29, 2025.

PLP is a managed investment fund that invests in land and property-based investments by holding units in Booster's Private Land and Property Portfolio.