In June 2005, Oyster Property Group welcomed 60 Khyber Pass Road in Grafton, Auckland, into its expanding commercial property portfolio. It was ultimately sold recently, some 18 years later, and provides a good example of executing in a long-term commercial property investment strategy. During this time Oyster navigated challenges including the Global Financial Crisis, changing market dynamics and the COVID-19 pandemic to deliver strong returns to its investors. Oyster Chief Executive Mark...

Central Park, 660 Great South Road, is one of Auckland’s largest commercial business parks and is paving the way for the next generation of multi-use developments. Born through a successful capital partnership between Oyster Property Group and leading global investment firm Kohlberg Kravis Roberts (KKR) in 2017, the precinct occupies a prominent position in Auckland’s southern corridor. In 2021 Oyster and KKR expanded Central Park’s offering with the launch of The Green, an award-winning food...

Home Straight Park was already performing well for investors when the opportunity to acquire an additional asset in the business park presented itself. This presented a liquidity and reinvestment opportunity for Oyster, which led to the successful acquisition and fund restructure. Many investors from the original fund chose to grow their investment potential by reinvesting: a result that demonstrated their satisfaction with Oyster’s management approach. Investment highlights Fund restructured...

With economic uncertainty making an effective re-leasing strategy crucial, 2 Kitchener Street demonstrated Oyster’s active management strategy in action. Investment highlights Sold in 2018 after 10.75 years, delivering a total return of 109.7 per cent for investors Annual income returns of 5.6 per cent Annual total return of 10.2 per cent A lot to like With its CBD location, robust lease profile and attractive purchase price, 2 Kitchener Street aligned with Oyster’s strategy to acquire...

A strong performer in the Oyster portfolio for almost 14 years, 205 Great South Road, Greenlane, proved the benefits of long-term...

102 Rosedale Road presented a compelling opportunity for Oyster investors in 2010, offering the potential for long-term strong returns....

Oyster purchased the James Smith car park at 150 Wakefield Street in Wellington in 2004 for $21,000,000, attracted by the enduring scarcity and desirability of parking space in the capital city. Two earthquakes affecting the Wellington region made for a challenging 13-year ownership journey. However, a successful leasing strategy that generated a steady income for investors and a well-timed exit ultimately resulted in an adequate outcome under challenging circumstances. Investment highlights...

Oyster took the opportunity to maximise optimum returns for investors by divesting a well-located asset with significant potential. This...

Recognition of a strong performance across a range of property investment fundamentals played into Oyster’s decision to invest in this well-positioned supermarket. Understanding that the local retail landscape was changing, and that the tenant’s long-term plans were uncertain drove the decision to realise returns on the well-timed investment. Investment highlights Sold in 2016 after almost five years, delivering a total return of 51.8 per cent to investors Annual capital return of 2.5 per...

Purchased in 2006, 246 Queen Street benefited from the vibrant energy of Auckland city for several years, before a surge in development saw new precincts emerge and the popularity of some areas shift. Oyster’s exceptional market expertise and sharp market insight shone through their well-executed leasing strategy and timely exit, resulting in an outstanding total return for investors. Investment highlights Purchased for $24,987,950 in 2006 Sold for $34,700,000 in 2015 Sum of income return...