Private Land and Property Fund, (PLPF)

We’re a nation of land and property owners. Many Kiwis see property as an attractive, long-term investment. But more and more people are finding that property ownership is too expensive, too much stress or just simply out of reach.

So we wanted to help Kiwis invest in New Zealand land and property, with ways of accessing their money.

That’s why we created the investment fund. PLPF invests into productive New Zealand agricultural and horticultural property and gives you access to your money should you need it.

PLPF is listed on the NZX, which gives you more flexibility in how you choose to invest and also, withdraw your money from PLPF.

You can choose to invest in PLPF directly with us, or on the NZX. There's no set investment period.

You can apply to withdraw up to $50,000 in any 12-month period directly from the fund without incurring a withdrawal fee. You can also set up regular monthly withdrawals from the fund. Due to the nature of the assets the fund invests in, there may be some circumstances when processing withdrawals is delayed or suspended.

Or when you’re ready to withdraw. You can choose to sell your holdings on the NZX at any time if there are interested buyers.

You can invest a little bit with PLPF now and grow your investment over time. You only need $1,000 to get started.

If you’re new to investing, PLPF could be a great way to start building up your investment portfolio with property investments. You’ll be investing in a range of income-generating assets right from the start.

If you’ve already got a nest egg saved, PLPF gives you another option for some of that hard-earned cash. With an aim to have healthy returns and built-in flexibility, it’s a smart way to get the most from your money.

PLPF invests in productive land and property assets. This is often agricultural and horticultural land. The land (or property) is then rented by a company, for example, a winery or horticultural company looking to grow or supply crops. The rent or net proceeds from the crop produces an income stream that is returned to investors as a distribution.

Often, we’re already partnered  with the business owners through our specialist NZ investment fund, Tahi, so we  understand the returns and potential growth of the investment.

The long-term annual average return target is 6.5% p.a. over rolling 7-year periods. This is before tax, but after all fees, charges and costs. The return is a combination of income and capital gains as properties reach full productive capability. Changes in the valuation of properties due to general property market movements will also impact the return of the Fund but such returns are not the primary objective of the Fund.

When the fund pays distributions (usually every quarter), you can choose to receive this payment or have it automatically reinvested in PLPF.

The distribution is the result of income generated from rents and the crops produced on the land. Because crop net income fluctuates, the distribution is not set at a fixed rate and will vary.

For historical return information see the latest fund update here. 

Most people cannot afford to buy an agricultural or horticultural property as an investment, let alone properties of different types in different regions, and do not have the time or expertise to manage such property. PLPF offers the opportunity to invest into agricultural and horticultural property that is professionally managed with a minimum investment of only $1,000.

Portfolio diversification

• PLPF offers you an opportunity to further diversify your investment portfolio. By investing part of your portfolio in the fund, you’re adding exposure to a mix of agricultural and horticultural investment properties to your portfolio – but with none of the associated risk of managing it all yourself!

Your investment keeps pace with inflation

• PLPF is designed to appreciate in line with inflation, helping preserve the ‘real’ value of your investment.
• The income from the leased properties generally increases at or above the rate of inflation. This means (all other things being equal) that both the income and underlying asset value of the property tends to appreciate with inflation. This helps to maintain the real value of your investment.