INVESTMENT FUND SET TO UNLOCK QUALITY AFFORDABLE HOUSING
Savvy investors with a passion for opportunities that ignite meaningful impact for everyday Kiwis, are being encouraged to explore a newly minted fund with a focus on changing the future of affordable housing in New Zealand.
Driven by a team of international and local experts, Aedifice Capital is seeking wholesale investors to support a fund that will see the development of multiple new affordable housing precincts, many of which are already underway, via its residential property development arm, Aedifice Property Group.
Active in the local real estate market since 2012, Aedifice Property Group is anchored by a core goal of providing high-quality affordable housing solutions for Kiwis. Beyond their commitment to quality construction lies a passion for innovative urban design and creating environments that connect residents to their local area, and each other, to give longevity as the community flourishes and evolves.
Having already delivered 14 developments with 800 lots over the past decade, along with a five-year project pipeline in place, the advantage of a streamlined connection between the fund and the projects, with the added guidance of an independent investment committee, gives investors reassurance that they can invest wisely in a team that has an enviable reputation for delivering projects that resonate with the local market.
Spearheaded by Heremana Malmezac, originally from French Polynesia and New Caledonia, where he spent 15 years building his business group, Heremana made the move to New Zealand in 2009, where he forged the partnership that would become Aedifice Property Group, before expanding the scope of action for Aedifice Capital.
“The reasons that really make this investment opportunity stand apart from others are threefold,” says Mr Malmezac. “Firstly, our complete dedication to applying the same rigour as we do in much larger businesses, to ensure that we can execute our plans to a very high standard while removing guesswork or lack of synchronicity between the fund and the projects it supports.”
“Couple that approach with our investment committee of internationally-respected business experts who give us the guidance, wisdom and global perspective to keep our investments on track while identifying and navigating any risks. And finally, the excellent reputation, integrity and expertise of the property team results in a transparent and rewarding experience for our investors.”
“The team has been keeping a watchful eye on the real estate and construction market over recent months. Anticipating contractions in the industry as the situation unfolds, we have taken preemptive measures to ensure our operations’ stability and the continuity of the pipeline. Protecting the interest of our customers and investors is our highest priority,” says Malmezac.
Already in progress are a number of developments that showcase the credentials of Aedifice Property Group, as well as the demand from homebuyers. Selo, located in Glen Eden, features 236 townhouses and commercial zone, children’s playground, parks, secure communal bike storage and a custom-designed embedded fibre and power network. A hugely successful stage one launch now sees over 90% of the properties under contract.
A large-scale development with a mix of 2 and 3 bed terrace townhouses including luxury waterfront homes and walk-up apartments, the Lime Burners Bay development in Hobsonville will result in 417 new homes and an extensive greenfield development in Pukekohe will feature over 800 new homes.
“Our approach is grounded in combining exceptional business acumen with a curiosity for seizing opportunities,” says Mr Malmezac. “We are confident that investors who join us on our journey will see the difference we can all make to the housing needs of New Zealanders.”
Investment in Aedifice Capital is open only to eligible wholesale investors, with a minimum investment of $750,000. For more information on this limited opportunity, visit aedificecapital.co.nz