Du Val Mid-Market Fund Opens for Registration
August 8 to Seize New Zealand Real Estate
Leading Private Equity Real Estate, Business, Finance Experts Say New Zealand’s Economic
Transparency, Resiliency, Growth Make it a Safe Haven Investment with Solid Returns
July 19, 2010 08:03 PM Eastern Daylight Time
AUCKLAND, New Zealand--(EON: Enhanced Online News)--The Du Val Group (DVG), a specialist real estate
fund management, advisory and property services group, today announced its plans to open for registration on
August 8 the Du Val Mid-Market Fund to invest in a substantial portfolio of office, industrial, retail and residential
property assets in New Zealand. The $250 million NZD private equity real estate fund aims to take advantage of the
global economic downturn by purchasing assets at discounts to their historic valuations from listed real estate,
security holders, REITs and other institutions.
The investment strategy is designed to provide investors with an internal rate of return (IRR) of more than 20% per
year. The fund, open only to eligible, qualified residents of New Zealand, Singapore and Hong Kong, has a minimum
investment requirement of $500,000 NZD.
“We are happy to launch one of the most exciting private equity real estate investment opportunities offered this
year,” said Jason Smith, managing director of the Du Val Group Limited. “New Zealand, approximately the size of
the United Kingdom, is currently ranked No. 4 by Dun & Bradstreet and the Wall Street Journal in terms of
transparency, and is also ranked by the Heritage Foundation and the Wall Street Journal among the top 4
economic development destinations, taking into account openness of trade policy, tax rates, monetary policy, wages,
unemployment, inflation levels, investment flows and regulation.
“Proved to be one of the world’s most resilient, transparent markets immune to volatility, the New Zealand market is
ideal for investors looking for a safe real estate investment bet,” Smith add