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This investment satisfies all key investment fundamentals •
Near new buildings
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Strong tenant covenants
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Solid lease terms offering good forward growth
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Growth location within the Frankton Flats
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Queenstown / Frankton has very strong forecast population growth over the medium term
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Good current cashflow at 5.55% pre tax, with the benefit of future development upside
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It is proposed that future development will be funded from development equity upside and additional borrowing
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Strong management & development background of the Management Entity
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Relative resilience with minimal impact from elimination of International tourism on centre activity
