New Ground Closed Investments
Our portfolio of closed investments showcasing the outcomes achieved.
New Ground is excited to announce the completion of our latest Build-to-Rent development at New North Road, Mt Albert, Auckland on behalf of Hāpai Housing.
This project delivered 44 brand-new, high-quality rental homes, designed specifically for long-term tenancy and certified Homestar 7. The homes offer a mix of studio, one- and two-bedroom options, catering to a range of modern living needs.
In 2023, New Ground Capital successfully completed the Moroki Build-to-Rent (BTR) development in Glen Innes, Auckland.
This project delivered 50 purpose-built rental homes, offering a range of one, two, and three-bedroom options to meet Tamaki's diverse housing needs.
Toru Apartments is strategically located at the corner of Cherry Blossom and Copper Beech Avenues, adjacent to the Remarkables Park Town Centre. The location offers residents convenient access to workplaces and a wide range of amenities, including public transport, shops, medical facilities, schools, recreational trails, and more.
In June 2016, New Ground Capital partnered with the New Zealand Defence Force (NZDF) to deliver 49 custom-designed rental homes tailored to meet their specific requirements. These homes are strategically located near the RNZAF air base at Whenuapai, ensuring convenient access for personnel. Completed in 2018, the homes are leased to the NZDF on a long-term basis, providing high-quality housing to support the needs of their service members.
This Build to Rent initiative, the first of its kind in New Zealand, offers households a rare opportunity to lease a professionally-managed rental property in a neighbourhood with high quality amenities, including the new Hobsonville Point primary and secondary schools. With lease terms of up to seven years, renting households know that they have security of tenure, whilst still being able to shorten their lease should their circumstances change.
The Impact Enterprise Fund is New Zealand’s first impact investment fund focused on the domestic market.
It provides growth capital to businesses that generate positive social and/or environmental impact, while also delivering competitive financial returns.