Mackersy Property
Mackersy Property is a New Zealand commercial property syndicator that acquires, structures, and manages syndicated real estate investments for approximately 2,800 wholesale investors, managing $2.2 billion in assets across 203 properties and 469 tenants through five regional offices.
- Company typePrivate
- Founded1999
- HeadquartersChristchurch, New Zealand
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Mackersy Property does
Mackersy Property is a New Zealand-based commercial property syndicator that acquires, structures, and manages commercial real estate investments on behalf of wholesale investors. Founded in the mid-1990s (with operational history dating to 1999) and headquartered in Queenstown/Frankton, the company manages approximately $2.2 billion in assets under management across 203 commercial and industrial properties, 469 tenants, and 2,800 investors nationwide, supported by five regional offices in Queenstown, Christchurch, Dunedin, Tauranga, and Hamilton.
The company's core offering is an end-to-end commercial property investment and management solution: it sources properties both off-market and on-market through extensive industry networks, conducts legal and financial due diligence with established partners (Duncan Cotterill for legal, Moore Markhams Otago for financial modeling), structures syndicates of 2 to 250 wholesale investors per property, and then provides ongoing asset, property, and facility management. The technology layer consists of a Caruso-powered investor portal delivering portfolio metrics (NAV, occupancy, WALT, gearing, unit price), online unit applications, and automated notifications, alongside a Knowledge Hub for investor education. Revenue is generated through a combination of managed services fees, transaction/facilitation fees, and performance-related compensation tied to investment returns. The business is governed under FMCA 2013 wholesale investor regulations, AML/CFT compliance, and is an FMA-registered Financial Services Provider, with minimum investments typically set at $100,000.
The company is privately held, with Board representation from Kiwi Property Group's CEO (Clive Mackenzie) and GM Capital Transactions (Shaun Reed), reflecting a deepening strategic relationship that culminated in the November 2025 acquisition of the Sylvia Park Lifestyle complex for $90 million. Recent deal activity (Ashburton LFR Fund, Kawarau Health Hub, Canterbury Industrial Warehouse) demonstrates diversification across large-format retail, healthcare, and industrial asset classes.
Mackersy Property firmographics
Firmographics- Name
- Mackersy Property
- Legal name
- Mackersy Property Limited
- Website
- https://mackersyproperty.co.nz
- Company type
- Private
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Mackersy Property is a New Zealand commercial property syndicator that acquires, structures, and manages syndicated real estate investments for approximately 2,800 wholesale investors, managing $2.2 billion in assets across 203 properties and 469 tenants through five regional offices.
- Ownership category
- akta.pro rank
Mackersy Property industry classification
Industry- Product category
- Commercial Real Estate Investment and Management
- NAICS
- Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Investors, Nec (6799), Investment Advice (6282)
- akta.pro primary industry
- Commercial Mortgage Servicing & Asset Management (Master/Special) (FSALADAJ)
Keywords
Where Mackersy Property is headquartered
LocationHeadquarters
- HQ city
- Christchurch
- HQ country
- New Zealand
- HQ region
- Oceania
Offices5 records
Markets served
Mackersy Property business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Property Syndication and Management Fees: Mackersy Property facilitates commercial property investments for wholesale investors through syndicated ownership structures. Revenue is generated through facilitation fees, management fees, and performance-related compensation tied to asset management and investment returns. The company covers the investment process from acquisition to ongoing management.
- Wholesale Investment Facilitation: Minimum investment of $100,000 per offer with units available in increments chosen by the investor. Syndicate sizes range from 2 to 250 wholesale investors depending on equity required. Investors can invest directly in Limited Partnerships or through limited liability companies.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Standard Wholesale Investment - $100,000 minimum |
| Unit Pricing | Pay-as-you-go | Ashburton LFR Fund - $50,000 minimum |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels7 records
Mackersy Property product offering
Product offeringCore offering
Mackersy Property is a New Zealand commercial property syndicator and asset manager that acquires prime commercial and industrial real estate and presents them as syndicated investment opportunities to wholesale investors. The firm handles the full lifecycle from sourcing and acquiring properties, negotiating financing and leases, structuring syndicates through Limited Partnerships or limited liability companies, and providing ongoing asset, property, and facilities management. Investment minimums typically begin at $100,000 with active investor servicing via a Caruso-powered online portal.
Product overview
Mackersy Property is a commercial property syndicator offering wholesale investors access to prime New Zealand commercial and industrial property through pooled investment structures. The core offering consists of Commercial Property Investment Services providing end-to-end acquisition, syndication, and management; Asset Management with dedicated Property, Facility, and Asset Managers; Property Syndication Services facilitating investor pools of 2-250 investors per property; and an Investor Portal platform for portfolio management. The Knowledge Hub provides educational resources. Current investment offerings include the Ashburton LFR Fund (large format retail), Kawarau Health Hub (medical precinct), and New Canterbury Industrial Warehouse (industrial manufacturing facility). Minimum investment is typically $100,000 with $50,000 minimum for the Ashburton offer. The company manages over 200 commercial properties and 460 tenants nationwide with $2.2 billion in assets under management.
Differentiator
Problem solved
Functional benefit
Products and services
- Commercial Property Investment Services End-to-end commercial property acquisition, investment and management solution for wholesale investors in New Zealand, covering property sourcing, acquisition, financing negotiation, syndication, and ongoing management.
- Asset Management Strategic and operational management of commercial property assets through dedicated Asset Manager, Property Manager, and Facility Manager roles, covering lease management, tenant relationships, capital works, and compliance.
- Property Syndication Services Facilitates investor pools where 2 to 250 wholesale investors collectively purchase commercial properties, with each property managed on a deal-by-deal basis and governed by a board of directors. Investments structured through Limited Partnerships or limited liability companies.
- Investor Portal (Caruso) Online investor portal providing access to personal details, investment portfolios, monthly distribution payments, key metrics (unit price, value, NAV, occupancy, WALT, gearing), and new investment opportunities. Supports online unit applications and automated email notifications. ISO 27001 compliant data storage.
- Ashburton LFR Fund Syndicated large format retail investment offering in Ashburton's dominant retail precinct. Five-year active repositioning strategy including planned subdivision and divestment of McDonald's. 30% capital return to investors subject to sale and revaluation gains.
- Kawarau Health Hub Syndicated investment in a fully occupied purpose-built medical precinct in Queenstown's Ladies Mile area with Southern Cross Hospital and Pacific Radiology as anchor tenants. 100% occupancy with diversified healthcare income stream.
- New Canterbury Industrial Warehouse Syndicated investment in a brand-new industrial warehouse in Canterbury leased to Hallmark Group, New Zealand's largest door manufacturer. 12-year lease with annual fixed rental growth during construction and on completion.
Quantifiable outcome
- Detroit Drive Investment achieved 20.8% total return (IRR) over 12-year hold period
- +4 more outcomes
Companies that use Mackersy Property
Customer profileNamed customers8 records
Segments3 records
Ideal customer profiles2 records
Mackersy Property technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Mackersy Property partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered major, core and minor.
- Kiwi Property GroupmajorKiwi Property Group agreed to sell the Sylvia Park Lifestyle complex in Auckland for $90 million to the Mackersy LFR Fund, managed by Mackersy Property. The sale is intended to provide capital for new developments and improve Kiwi Property's financial position. Mackersy Property's CEO Clive Mackenzie and GM Capital Transactions Shaun Reed serve on Mackersy Property's Board of Directors.
- Duncan CotterillcoreLegal due diligence is conducted by Duncan Cotterill, Mackersy Property's lawyers who investigate title, LIM, building reports, NBS ratings, offers of finance, valuation analysis, lease analysis, and other relevant commercial terms. Duncan Cotterill prepares all legal documentation for settlement.
- Moore Markhams OtagocoreAccountancy firm providing financial modeling and cash flow analysis for Mackersy Property's investment opportunities. Involved in forecasting profit/loss/expenditure/returns for commercial property investments.
- Colliers OtagominorColliers Otago personnel participate in Mackersy Property's weekly Investment Committee meetings alongside past and present owners, team members, discussing current opportunities and debating merits of potential investments.
- CarusocoreCaruso is a New Zealand fund management software business providing the investor portal platform. Enables streamlined approach to data integrity and accessibility, providing investors with accurate information about their investments. Based in Auckland and Sydney with enterprise-grade security features and ISO27001 compliance standards.
Scale indicators9 records
Recent moves6 records
Expansion highlights6 records
Mackersy Property competitors and assessment
Company assessmentOthers
- Bayleys Real Estate: Major New Zealand real estate agency and property services firm with nationwide reach across commercial, rural, and residential. Adjacent competitor in commercial property sourcing, leasing, and investor relations.
- CBRE New Zealand: Global real estate services firm with NZ presence offering investment sales, valuation, and advisory. Comparable given Shaun Reed's prior CBRE background and overlapping institutional client base in NZ commercial property.
- JLL New Zealand: Global commercial real estate services firm with NZ operations covering capital markets, valuation, and asset management. Competes with Mackersy for institutional capital and large-scale mandates, though Mackersy focuses on wholesale syndicates.
- Colliers International New Zealand: Global real estate services firm with a major NZ presence; its Otago office participates in Mackersy's weekly Investment Committee. Broader service offering (sales, leasing, valuation, capital markets) but comparable NZ commercial property ecosystem involvement.
Broad incumbents
- Property for Industry: NZX-listed industrial property investor focused on New Zealand industrial assets, comparable to Mackersy's industrial holdings (e.g., Detroit Drive, Canterbury warehouse for Hallmark). Differs in public-market fund structure and scale.
- Argosy Property: NZX-listed New Zealand commercial property investor (industrial, retail, office) that competes for institutional capital and high-quality NZ commercial assets. Comparable given shared NZ commercial property focus but listed fund structure vs. Mackersy's wholesale syndicates.
- Investore Property Group: NZX-listed retail property investor with New Zealand supermarket-anchored and large-format retail assets. Overlaps with Mackersy's Ashburton LFR Fund and Sylvia Park Lifestyle acquisition (large format retail subsector).
- Kiwi Property Group: New Zealand's largest listed real estate company, with overlapping investor relationships and a board-level relationship with Mackersy via CEO Clive Mackenzie and GM Capital Transactions Shaun Reed. Operates at much larger scale in a listed format rather than wholesale syndicates.
Direct peers
- Augusta Capital (now part of Centuria): New Zealand-focused commercial property fund manager (acquired by Centuria in 2024) managing listed and unlisted real estate funds for wholesale investors. Most direct peer given overlapping wholesale-investor syndication model and NZ commercial property focus.
Regional players
- Vital Healthcare Property Trust: NZX-listed healthcare property fund with New Zealand hospital and medical assets. Comparable to Mackersy's Kawarau Health Hub (Queenstown medical precinct anchored by Southern Cross and Pacific Radiology).
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Mackersy Property social profiles
Digital presenceMackersy Property compliance and trust
Trust signalCompliance7 records
Mackersy Property financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mackersy Property leadership team
Management profileNumber of profiles
Profiles9 records
Mackersy Property funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mackersy Property M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mackersy Property
What does Mackersy Property do?
Mackersy Property is a New Zealand commercial property syndicator and asset manager that acquires prime commercial and industrial real estate and presents them as syndicated investment opportunities to wholesale investors. The firm handles the full lifecycle from sourcing and acquiring properties, negotiating financing and leases, structuring syndicates through Limited Partnerships or limited liability companies, and providing ongoing asset, property, and facilities management. Investment minimums typically begin at $100,000 with active investor servicing via a Caruso-powered online portal.
Is Mackersy Property a public or private company?
Mackersy Property is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Mackersy Property founded?
Mackersy Property was founded in 1999. It employs 11 to 50 people.
Where is Mackersy Property based?
Mackersy Property is headquartered in Christchurch, New Zealand, in the Oceania region.
How does Mackersy Property make money?
Two revenue lines are on record. Property Syndication and Management Fees are the primary driver. The others are wholesale Investment Facilitation.
Who are Mackersy Property's main competitors?
Others on record are Bayleys Real Estate, CBRE New Zealand, JLL New Zealand and Colliers International New Zealand. Broad incumbents are Property for Industry, Argosy Property, Investore Property Group and Kiwi Property Group. Augusta Capital (now part of Centuria) is listed as a direct peer. Vital Healthcare Property Trust is listed as a regional player.
Does Mackersy Property have an API?
No public API is recorded for Mackersy Property.
What industry is Mackersy Property in?
Mackersy Property's product category is Commercial Real Estate Investment and Management. Its primary akta.pro industry code is FSALADAJ, Commercial Mortgage Servicing & Asset Management (Master/Special). Its NAICS code is 523940 and its SIC code is 6799.