Rates peak, buyers' market opens
With interest rates at their peak and central banks beginning to ease, New Zealand’s commercial property market has created a timely opportunity for investors.
First Light Capital’s GVT Property Fund capitalises on this moment, offering stable returns through two government-leased commercial properties in Hastings and Te Awamutu.
A buyers’ market for high-yield returns
As conditions soften, the GVT Property Fund aims to secure long-term value with projected annual returns of 8% before tax.
Backed by stable government tenancies, these assets offer high standards in safety and sustainability, meeting 100% of New Building Standards (NBS) and featuring EV charging stations and secure parking, interest.co.nz reported.
An eye on economic cycles
First Light Capital’s co-founder, Toby Hunn, believes the current environment is ideal for property investment.
“The property market operates in cycles, and right now, we’re in what I view as a buyer’s market,” Hunn said.
He sees high rates creating a window for well-placed investments that could yield growth as conditions begin to shift.
Positioned for growth as conditions shift
Hunn predicts that as interest rates stabilise and inflation eases, investor returns will improve.
With a weighted average lease term (WALT) of five years across both properties, the GVT Property Fund is positioned to ride out fluctuations, aiming to offer reliable, high-yield returns through economic ups and downs, interest.co.nz reported.
Read the interest.co.nz news here.
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