Leading New Zealand commercial property fund manager
Oyster will re-open the industrial fund, Oyster Industrial
Limited.
Oyster Industrial was launched in October
2019, initially acquiring two recently built industrial
properties in Wiri, Auckland. The first equity raise was
fully subscribed early. The launch of the industrial
investment opportunity at the time allowed investors to
participate in New Zealand’s top-performing property asset
class at an affordable price point.
Mark Schiele, CEO
at Oyster has confirmed Oyster Industrial has contracted to
purchase three additional industrial properties early in the
new year and expects to open the fund’s second equity
raise in the coming week.