We live and breathe property

As one of New Zealand’s most established unlisted licensed property fund managers, PMG has been shaping the commercial property landscape since 1992. Our track record speaks for itself – delivering sustainable returns and capital growth through proven investment strategies and expert, hands-on property management.

Committed to responsible investing, we integrate environmental, social, and governance (ESG) principles into our approach, ensuring our high-quality property portfolios create long-term value.

By supporting thriving businesses and fostering stronger communities, we provide investors with well-managed, diversified commercial property opportunities designed to perform throughout economic cycles.
<h2 class="h3">We live and breathe property</h2>
Who we are

At PMG, we pride ourselves on a strong foundation of expertise and a proactive hands-on approach to property and fund management. With an in-house team of 35+ dedicated professionals operating out of Auckland, Tauranga, and Christchurch, we bring over 150 years of combined experience in property and fund management to every investment we manage.

Our core services

As a licensed provider under the Financial Markets Conduct Act 2013 (FMCA), PMG is committed to delivering excellence, transparency and trust in every investment opportunity we manage.

Our 30 year history

1992

PMG was founded in 1992 by Denis McMahon

1994

First commercial property syndication

1998

Asian financial crisis (AFC)
Launched 13 successful property syndications

2008

Global financial crisis (GFC)

2012

Assets under management: $88M
PMG welcomes Scott McKenzie, CEO & Director

2014

Assets under management: $150M
Establishment of PMG's flagship fund: Pacific Property Fund Limited

2015

PMG welcomes Daniel Lem, Investment Committee Chair

2016

Auckland office opens
Licensed manager status obtained
Establishment of PMG Direct Office Fund
PMG welcomes Nigel Lowe, CFO & Director

2017

Establishment of PMG Direct Childcare Fund and PMG capital Fund
PMG welcomes Wayne Beilby, Non-Executive Independent Director

2018

Assets under management: $300M

2020

Assets under management: $500M
COVID-19
Christchurch office opens
Establishment of PMG Generation Fund Reinvestment plan launched

2021

Assets under management: $750M
Partnership with 360 Capital

2022

Bought out 360 Capital: 50%
Welcomed Oriens Capital: 35%

2022

Board partnership: 
Wayne Beilby, Chairman of the Board
Scott McKenzie, CEO & Director
Nigel Lowe, CFO & Director
James Beale, Director

2023

Establishment of PMG Peregrine Fund

2024

Assets under management: $950M*
Establishment of Te Iho Tahi Fund

What we stand for

At PMG, every decision we make is guided by our purpose, vision, mission and values.

Our relationships with investors, tenants, suppliers, and our team are built on longstanding trust and a steadfast commitment to these principles.

Our focus is clear: to invest in and manage a diversified portfolio of high-quality commercial properties across New Zealand with strong underlying performance metrics, seeking the security of reputable tenants and long-term leases. This approach supports income stability, growth potential and delivery of value for all our stakeholders.

Purpose

Growing financial freedom for New Zealanders through property funds.

Vision

To be New Zealand’s most trusted property funds manager.

Mission

Delivering better, together.

Our Values
The PMG difference

At PMG, we put relationships first. By taking a proactive approach to property and funds management, we deliver sustainable outcomes that support our investors' financial goals and create high-quality, purpose-driven spaces to meet the evolving needs of our tenants.

Find out how PMG can help you achieve your investment goals.