16/10/2025
While we’re fortunate to see our strategy deliver another strong quarter of performance, one of the most rewarding outcomes wasn’t financial — it was noticing that one of our student tenants chose to invest a meaningful amount (for a student) into the Prime Campus Fund.
It’s a powerful validation when those who experience our properties firsthand also choose to become investors. This alignment of interest between tenants and shareholders reflects the quality of what the team at Prime Campus is building.
We are pleased to share our quarterly report for the July to September 2025 period, which provides an overview of our financial performance and key achievements.
Highlights include:
🔺 The acquisition of 18 Ilam Road, Christchurch, a vacant property offering the potential to develop up to 15 student bedrooms across two stages.
🔺 The Fund’s total property value increased 10.5% this quarter, primarily reflecting the acquisition and initial development of 18 Ilam Road (photo).
🔺 The NAV per share rose 3.5% quarter on quarter and 20.1% year on year to $0.69, representing a 68.7% return since our IPO in March 2023 and an annualised return of 22.6%, maintaining a strong margin above our 15% IRR target.
🔺 For the third consecutive year, Prime Campus has been selected as a finalist for the NZ Property Investors Federation’s RentSkills Award (formerly Landlord of the Year).
We appreciate your continued support and investment in the Fund and look forward to keeping you updated on our ongoing progress in the coming quarters.
Investors are now able to purchase shares in Prime Campus at any time via Catalist, except during periods when material information is pending.
www.primecampus.com/investors
