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Press Release – Augusta Funds Management
Augusta Funds Management has launched its largest ever single asset property investment opportunity encompassing a huge industrial complex in Penrose, Auckland. Investors are being offered the opportunity to purchase shares in Augusta Penrose Limited, …
Augusta Funds Management has launched its largest ever single asset property investment opportunity encompassing a huge industrial complex in Penrose, Auckland.
Investors are being offered the opportunity to purchase shares in Augusta Penrose Limited, a company to be established to acquire and own a 67,655 sq m manufacturing and distribution plant on an 8.576ha site at 752 Great South Rd. The property has a 20-year lease to Visy Glass Operations (NZ), part of the Visy Group, a large paper, packaging and recycling company with 5,000 employees and more than 120 sites throughout Australasia. ....

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