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PMG targets up to $40 million capital raise for Pacific Property Fund

PUBT·08/06/2026 03:06:10
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PMG targets up to $40 million capital raise for Pacific Property Fund
  • Property Managers Group launched a 2026 retail offer for the Pacific Property Fund, targeting up to $40 million of new investment.
  • $10 million of commitments already secured; offer intended to stay open to retail investors until Aug. 26, 2026.
  • Proceeds to fund completion of a Mitre10 Mega store acquisition in Christchurch, where the fund currently holds a 40% stake.
  • Post-raise portfolio expected to total more than $700 million in value, with 98% occupancy and a 6.3-year weighted average lease term.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Property Managers Group published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.