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From 26 March 2018, NPT has been externally managed by Augusta Funds Management (Augusta).

Augusta are NZ’s largest real estate fund manager and provide NPT with a strategic direction and personnel to grow NPT for shareholders. The new strategic direction for NPT is to pursue a ‘Yield Plus Growth’ investment strategy.

NPT’s strategic direction is unique on the NZX in that it is the only listed real estate fund manager solely pursuing opportunity to actively add value.