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Product information
This page is for you to invest in THZHF Redeemable Preference Shares
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Introduction
We at Home Capital Partners are delighted to present you with the opportunity to invest in the supply of social and affordable housing in New Zealand. This investment not only offers you a commercial return but also enables more families to live in homes that are safe, warm, dry, and well located.
This is an opportunity to invest in residential property underpinned by Crown leases, providing both security of return and the chance to support the families and communities who will call these houses home.
Home Capital Partners is part of the Home Foundation group, which has delivered more than 2,000 homes over the past decade. What distinguishes our Group is our integrated ecosystem. We do not simply build houses; we listen to communities to understand their housing needs, design accordingly, invest capital to create new homes, and ensure that we, or another trusted Community Housing Provider, manage them effectively. This full life cycle approach, from concept through to tenancy management, ensures that your investment delivers homes that are sustainable, resilient, and appropriate to the needs of the families who live in them.
Our commitment to social housing
One of the greatest challenges confronting New Zealand is the ongoing lack of social, affordable, and other forms of housing. The public sector cannot solve this crisis alone. This investment opportunity represents a practical, profitable, and values-driven way for you to help address this housing shortage. Through this offering, we aim to lay the foundations for a new investable asset class, one that rewards capital while contributing meaningfully to the creation of enduring housing solutions.
To demonstrate this commitment and to facilitate the flow of values-aligned capital into the Fund, Home Foundation is proud to be a cornerstone investor in the Fund and will reinvest a portion of its dividends for the first five years in order to enhance cash returns to 5.1%.
We invite you to join us in this important work: to back proven capability with values-aligned capital, create homes, and strengthen communities.
The Offer
Home Capital Partners is offering investors Partnership Interest Units (PIUs) in The New Zealand Housing Fund Te Piringa Limited Partnership (the Fund), which will invest in newly built, fully tenanted affordable, and social housing throughout Aotearoa
New Zealand.
The offer is to raise up to $67 million in committed capital, to be fully drawn down and deployed within three years.
Home Foundation has committed up to 70% ($47 million) of cornerstone investment in the Fund, with $19 million of this investment electing to take no distributions for the first five years in order to enhance the returns for other investors.
Liquidity
Te Piringa is an evergreen fund, with a long-term investment horizon. Investors requiring greater liquidity have the option of Preference Shares redeemable after five years. The Catalist platform is also available to connect buyers and sellers of PIUs.
In 2026, a mechanism for retail investors to invest into the Fund will also be offered through Catalist, providing additional liquidity for wholesale investors.
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