News and Announcements
Augusta Capital Buys NZME House in Auckland
- Published April 18, 2016 10:56AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
18th April 2016, NBR By Paul Macbeth and Sally Lindsay
Listed property investor and fund manager Augusta Capital [NZX: AUG] has bought NZME House in Auckland for $115.8 million and plans to bundle the property into a syndication investment.
Augusta bought the building at Graham Street in the CBD from a subsidiary of property developer and rich listers Manson TCLM, with the deal to settle on August 15, it says.
The firm will pay for the building through a planned $70 million syndication on investor equity to be raised in units of $50,000 each, opening at the beginning of June. The balance will be funded by debt. The syndication is fully underwritten, with Augusta providing a $25 million backstop.
NZME House is tenanted by NZME/APN over three floors, Pernod Ricard and Meredith Connell on one floor each while one level is vacant. As a pre-condition to the settlement, Manson TCLM is looking to find a new tenant for the vacant floor on a nine-year lease, and is in talks with potential parties, Augusta says.
To view the full article please click on the button below.
Company Updates
The System’s Immune System: Why Big Tech Will Solve What Big Pharma Can’t
The central investment thesis for the future of human health pits Big Pharma against Big Tech. This blog post explores the “Protocol Paradox” in current cancer care and argues that the convergence of hyperscalers and life-science experts—treating biology as a data and compute problem—represents the defining compounding investment opportunity of this era.
The Life Sciences Supercycle: Why Australian Biotech is Finally Delivering Billion-Dollar Outcomes
Australia’s life sciences sector is experiencing an unprecedented “Supercycle,” finally commercializing world-class research into global, billion-dollar businesses. Learn about the ASX heavyweights, the key drivers (AI, institutional execution, FDA pathway), and the investment opportunity at Emergence 2026.
Following the Billions: Where the Hyperscalers are Betting on the Future
The roadmap for the next decade isn’t hidden in pitch decks—it’s written on the balance sheets of Microsoft, Amazon, and Google. Their collective investment is flowing into three key areas: GPU Chips, AI Factories, and Energy. This foundational buildout signals a $7–$20 trillion economic convergence, where the physical race for infrastructure and energy is paramount. The article also covers the powerful macro case for digital assets in this new era.
Backed By Leading Investment Groups and Family Offices
