Quality office investmentOur focusAMP NZ Office Trust (ANZO) delivers all the requirements of a good commercial property investment: strong income, managed security, long-term growth in value, flexible use of funds, and highly-focused, experienced management ability. ANZO offers these features in an exceptional combination of assets and investment management expertise, providing an unrivalled portfolio of New Zealand’s highest-quality “landmark” office buildings. Our experienced management team drives investment opportunities by selecting and maintaining exclusive blue-chip assets. These attract long-term quality tenants, which generate strong and sustainable asset growth and lease income, providing solid and sustainable long-term total returns for investors. Our philosophy is to deliver these benefits consistently, avoiding short-term volatility in favour of sustainable returns fuelled by demand for quality office accommodation. AMP NZ Office Trust. It’s an investment in quality commercial property. Our strengthANZO owns New Zealand’s largest and most prestigious portfolio of office properties, with 15 of the highest-quality properties in the CBDs of Auckland and Wellington. Each enjoys an excellent location and delivers a package of benefits which attracts a diverse range of high-quality, long-term tenants. The outcome is our exceptional ability to deliver attractive initial income to investors and the potential for strong income and capital appreciation in the future, based on consistent demand for quality property. Our growthANZO offers appealing growth prospects for investors because of the location and quality of its properties, and the dynamic results-orientation of its investment management. ANZO has a leading position in the prime CBD office sector, which is forecast to outperform lower-quality sectors. We own and manage four of the top eight office buildings in Auckland’s CBD, and six of the 10 premium properties in Wellington’s CBD. The result is more than 190 blue-chip tenants and a diversified rental and rental review structure that ensures continuity of cash flow and income. This is enhanced by active management of the property portfolio and a specific focus on generating earnings and distributing them to investors. We are also in a position to take further opportunities for growth through investing capital in new properties. Our securityANZO minimises risk without excessively trading off returns to investors. This is achieved through its leading position in the prime CBD office sector. The quality of our assets minimises the risk of building obsolescence and the need for significant capital expenditure on maintenance. Rental income is high, predictable and assured through long-term leases and more than 190 mostly national and international blue-chip tenants. The quality of accommodation we provide limits the risk of vacancies and maximises the continuity of lease income. Our flexibilityANZO offers you the flexibility to manage your investment because it is effectively free of restrictions which lock you in. Our listing on the NZX gives you the option of buying or selling ANZO units, as and when you wish, through your broker. It is a simple, easily-understood and flexible investment. Transaction costs are comparatively low. The market also provides regular and timely information, and judges our performance by delivering open and transparent prices. Our expertiseANZO is managed by AMP Haumi Management Limited, a joint venture between AMP Capital and Haumi, a New Zealand subsidiary of a major international institutional investor. As a result, ANZO benefits from the manager’s local and international property funds management expertise, which includes access to capital management and strategy expertise in particular. The combined funds under management of the two joint venture parties exceeds $10 billion, and their key executives have considerable expertise in asset management, capital transactions, capital management and development. |