Property Managers Group targets social infrastructure fund, expands into healthcare and education assets
Reuters2026/08/30 23:52- Property Managers Group set a strategy to screen acquisitions through fund-level metrics, including portfolio mix, WALT, LVR, and target returns.
- Planned buying will prioritize tenant and lease quality, with rent-review mechanisms, security cover, and underwriting to avoid “over-rented” tenancies.
- Capital allocation will tilt toward “social infrastructure,” with an intention to fund a new private hospital development in Tauranga.
- Management may form a dedicated social infrastructure fund over time, targeting healthcare and education assets alongside other defensive income property.
- Development exposure will be routed via wholesale capital, then transferred to retail funds as completed assets to limit retail investor risk.
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