Aedifice Property Group
We take our finely-tuned market-led development model to create value where others may not have thought it exists.
The Aedifice Property Group team has been active in the New Zealand real estate market since 2012. Refined over the last decade, their development model of the terrace townhouse aligns with the market's demand for affordable homes with the added appeal of a quality new build.
The Group has five years of well-considered projects in the pipeline, with each development planned and realised in stages to ensure flexibility, consistent delivery and to mitigate risk.
Completed projects value1
$485 million
Current projects value
$1.259 billion
Under development
1,377 homes
Projects on the market
85% sold of 308 units
Area under development
Over 40 hectares
Information current as at 19 Oct 2022.
1. Includes projects developed and managed by the founder team of Aedifice Property Group.
Projects in development
Aedifice Capital has identified these developments as being potential recipients of loan funds.
A master-planned development of 2, 3 and 4 bedroom townhouses and a commercial zone, with community amenities such as a children’s playground, parks, secure communal bike storage and a custom-designed embedded fibre and power network.
Units
236 townhouses (including 28 KiwiBuild homes) + commercial zone
Location
Cnr West Coast & Glengarry Roads
Glen Eden, Auckland
Value1
$190m
Status2
Stage 1 (Selo)
90% under contract
Stage 2 (Jabuka)
70% under contract
KiwiBuild (Berba)
Sold out
Under construction with final completion set for Q2 2023
- Forecast turnover of residential development.
- Information correct as at 19 Oct 2022.
Lime Burners Bay
A large-scale development with a mix of 2, 3 and 4 bedroom terrace townhouses (including luxury waterfront homes).
Units
369 townhouses
Location
Scott Road
Hobsonville, Auckland
Value1
$340m
Status
Site works underway with Stage 1 set for release early 2023
1. Forecast turnover.
Information correct as at 19 Oct 2022.
Kohe
An extensive greenfield development over 27ha.
Units
700+ units
Location
Pukekohe, Auckland
Value1
$655m
Status
Resource consent in progress
1. Forecast turnover.
Information correct as at 19 Oct 2022.
Meet the team
The team leading Aedifice Property Group have an inherent instinct for property development borne out of their collective 70-year history of global experience and proven success in real estate.
With such experience comes confidence, as evidenced by the partners' position as the primary investors in Aedifice Property Group. The three partners will also serve on the Board of the General Partner.
The team's refined acumen, blended with their synergy and complementary skillsets, has led to the Group's organic growth over the last decade and its ongoing success.
Being such a tightly-knit leadership team, their forward-thinking and nimble decision-making process enable them to move with agility to identify and maximise opportunities.
Want to know more?
For more information and a copy of the Confidential Information Memorandum for the Aedifice Capital's Property Fund, please complete the form and we will be back in touch.
Any investment in the Aedifice Capital Fund Limited Partnership is only open to eligible wholesale investors with a minimum investment of $750,000. A wholesale investor is a person who meets one of the criteria set out in clauses 3(2) and 3(3)(b) of Schedule 1 of the Financial Markets Conduct Act.
Contact
Studio 1, Level 3
36 Grant Road
Frankton, Queenstown 9300
New Zealand