ABOUT THE DEVELOPER
Conrad Properties Group (CPG), one of New Zealand's largest residential apartment developers, has 23 years of experience within Auckland. CPG was accepted to CFMLs 'Qualified Suitable Developer’ (QSD) panel in August 2016.
CFML as manager is a related party to Conrad Properties Group. The Fund will purchase apartments from a Conrad Properties Group related company. The main potential for conflict of interest centres around pricing of the apartments. The Fund Manager has checks and balances to ensure transparency that prices reflect current market sales. Further information on the pricing methodology can be found in the Information Memorandum and the Statement of Investment Policy and Objectives (SIPO).