Our Company

NPT shareholders voted on 19 March 2018 to externalise the management of the NPT, to Augusta.

Under Augusta’s management, NPT focuses on a ‘Yield Plus Growth’ investment strategy, targeting long term total returns that are greater than the benchmark return threshold detailed by the NZX Property Sector Index through value add and active management initiatives.

NPT invests in a nationwide diversified portfolio of properties, spread across the main centres of Auckland, Wellington and Christchurch, with select provincial exposures where the risk adjusted returns support the overall outperformance objectives of the fund.

Augusta externally manage NPT, report to the NPT Board and provide shared service functions.