NPT targets assets that fit with our ‘Yield Plus Growth’ investment strategy, targeting higher returns than typically available to investors in listed entities that are invested only in low risk CBD major buildings through a more diversified property portfolio.
NPT invests in a nationwide diversified portfolio of properties, spread across the main centres of Auckland, Wellington and Christchurch, with selected provincial exposures.
The Company will target superior, risk-adjusted returns, in keeping with its ‘Yield Plus Growth’ investment strategy, through the:
- careful selection of assets that are higher-yielding or have the potential to be high yielding
- astute judgement of risks
- application of intense asset management, and
- avoidance of hotly contested, lower yielding, premium assets.
Our investment goal is to target long-term total returns greater than the benchmark return threshold detailed by the NZX Property Sector Index while maintaining a strong balance sheet to ensure NPT are always poised to take advantage of emerging opportunity.
NPT adopts an active management philosophy encompassing asset and financial management, strategic investments, acquisitions and divestments and the judicious development of new and existing assets.