Supporting QLCHT (ODT)

The Queenstown Lakes Community Housing Trust has secured funding from Westpac Bank, allowing it to purchase 50 apartments in New Ground Capital's Remarkables Park apartment complex. The apartments are likely to be used for a mixture of affordable rentals and assisted-ownership homes and will be a significant step towards the trust's goal of assisting 1000 households in the next 10 years.

New Ground Capital

New Ground is an investment manager specialising in investments that generate financial returns alongside social and environmental impact. NZ’s first specialist institutional build-to-rent provider, they have been developing and managing modern rental developments with security of tenure since 2014.

https://www.newground.co.nz/
Previous
Previous

Toru Apartments development (Mt Scene)

Next
Next

New Ground co-launches Impact Enterprise Fund (NBR)