100 People Behind Bay Business - 2023

corresponding monetary policy across the globe
but he and his team are equally focused on
keeping across what is happening in the lives of
their investors and tenants. Matt says that PMG’s
investment strategy is to be actively investing
at all points of the cycle, as by the time values
rebound the best opportunities might already be
missed.
“Most of our investors understand that
property is a tangible asset and performs well
over long periods of time, so they are comfortable
to keep investing throughout various cycles
and back us as an active real estate manager to
reliably deliver income and increased value over
time.”
“As an organisation, we’re constantly ensuring
that our funds are as robust as they can possibly
be to deliver regular and sustainable returns to
our clients. This means regularly reviewing the
portfolio asset allocation, our levels of gearing
and our interest rate hedging strategy.”
LOOKING TO THE FUTURE
When asked what he sees is important for
investments over the next six months, Matt says
investors should be across small details, which
can make all the difference.
“It’s easy to look at return rates on term
deposits and think they look attractive at the
moment. What investors may miss out on though,
and why I believe in the attractiveness of property
within a diversified investment portfolio, is that it
offers the dual benefits of optimised cash returns
through tax efficiencies and depreciation, as
well as capital growth, which have historically
provided investors with far better total returns
over time.”
While the recent cyclone New Zealand
experienced may prolong high inflation for longer
than anticipated, Matt says there are some
interesting positive trends within commercial
property that are likely to continue into 2023.
“Premium office space and industrial space
in particular continue to be in high demand.
These are due respectively to a ‘flight to quality’,
with office building tenants seeking premium
amenities like end-of-trip facilities – think bike
storage and shower facilities – as a means to
attract and retain employees; and for industrial,
a lack of available space for new development in
strategically convenient New Zealand locations
which is leading to strong demand for existing
well-located facilities and therefore rental
growth.
Being both property and fund managers
means Matt and the PMG team are able to pass on
a full range of property insights to PMG’s investors
and our professional partners.
“Our clients are also reassured by the fact that
at PMG and our staff are also personally invested
in our funds,” says Matt.
“This shows our commitment to what we
do and also allows us to share in the success
alongside our customers.”
We’ve been using our
property and investment
nous to help Kiwis get
ahead for over 30 years.
Providing four successive
generations of investors with
cashflow through regular returns
and a pathway to financial freedom
through long-term capital growth.
Talk to us today about how we
can help you get more from
your investment dollar.
0800 219 476
pmgfunds.co.nz
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