New Zealand Superannuation Fund Backs Domestic Affordable Housing

The New Zealand Superannuation Fund (NZSF) has partnered with Christchurch-based Ngāi Tahu Property Limited, a property investment, development and rural land ownership specialist, and Auckland-based New Ground Capital to invest in a new housing development at Hobsonville Point in Auckland. The investor group is acquiring a 1.95 hectares of former New Zealand Defence Force land, in two super lots, from the Hobsonville Land Company, a subsidiary of Housing New Zealand. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

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