An investment company that invests in New Zealand property and aims to achieve annualised returns of...
An investment company that invests in New Zealand property and aims to achieve annualised returns of 7.5% in yield after charges was launched earlier this month by Gaze Capital. In addition to the target income level, the trust is expected provide a further 7.5% per year in capital growth at the end of its 10-year life. The Jersey-based, sterling-denominated South Pacific Property fund is managed by David Gaze, the managing director of Gaze Capital, which is based in London. Gaze has more than 20 years' experience with the New Zealand property market. Gaze's property team will buy, mana...
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