Company News

Jasper acquires new industrial asset in Wiri

The acquisition of 6 Hautu Drive is the latest addition to Jasper's industrial mandate targeting Value-Add logistics and industrial investments.

Constructed in 2005, the asset is a modern, high-specification facility featuring full precast concrete construction, high-stud warehousing, and a heavy-duty slab. The flexible layout and clear-span design make the asset well suited to a range of industrial users.

Zoned Heavy Industry, the site offers long-term flexibility for a broad range of manufacturing and logistics uses.

Strategically located in Wiri, the property benefits from excellent access to major infrastructure, including the Wiri Inland Container Terminal, Auckland Airport, and the Onehunga–Penrose industrial corridor. This area continues to attract significant investment, reinforcing its status as a key logistics and distribution hub.

The acquisition reflects Jasper’s continued conviction in the long-term structural demand for well-located industrial assets, supported by constrained land supply, evolving tenant requirements, and strong occupier fundamentals across Auckland’s core submarkets.

Caity Pask, Jasper’s Acquisition Lead, commented, “This acquisition aligns with our strategy of securing high-quality industrial assets in tightly held precincts. The property is a modern, well-specified facility situated in one of Auckland’s most established industrial locations, offering strong connectivity and long-term relevance within the logistics and distribution network.”

About Jasper: Jasper is a specialist commercial real estate investment and asset manager, representing global institutions and investors throughout New Zealand and Australia. Jasper provides investors access to real estate strategies across Australasia. Since 2019, Jasper has acquired over $360M in assets and currently manages an annual rent roll of over $18M.

Caity Pask - Jasper

Caity Pask

Acquisitions Lead

Posted on 1 May 2024

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Important Disclosures

Liquidity Not Guaranteed: Jasper offers secondary market functionality on its platform from time to time, however, there is no guarantee that you will be able to exit your investments on the secondary market or at what price an exit (if any) will be achieved.

Performance Not Guaranteed: Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this website will be profitable, or equal any corresponding indicated historical performance level(s).

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