WHO'S TALKING ABOUT US

Got $500? Get a slice of an Auckland property through The Ownery

An investment scheme designed to offer would-be property owners a slice of a house for as little as $500 is now promoting its first investment. The Ownery was set up as a way to help people grow their savings with investments in residential property. Investors buy shares in companies that then buy properties. The goal is for house price appreciation to increase the value of the shares, and investors also get a slice of any rental income left over after expenses are covered...

$500 to get into the Auckland property market?

North Shore-based The Ownery is offering what it calls HouseShares starting from $500. Its founders say it will be a way for people to get into the city's fast-rising market. Cheaper homes, which first-home buyers might wish to buy, will be a target, they say...

A property investment for $500

A new company, The Ownery, is promising to give Aucklanders a slice of the real estate pie for as little as $500. The Ownery's co-founder, Kurt Settle, speaks briefly on the Radio New Zealand's Morning Report programme about The Ownery and how HouseShare offers will be made available to the public...

Firm offering shares in Auckland homes
President of the Auckland Property Investor Association, Andrew Bruce, talks on the TVNZ Breakfast show about The Ownery, HouseShares and other possible ways to get on the property ladder.
Company to offer HouseShares in Auckland property market

A new company is offering to allow New Zealanders to enter the property arena for 500 dollars. The Ownery works by selling shares in companies set up to buy individual houses... Kathryn speaks to the company's chief executive, Paul Jacobs.

House-sharing offer aims to get Aucklanders on property ladder

Auckland startup The Ownery is offering a new way to enter the housing market by buying shares in a company that then buys a house. Co-founders Paul Jacobs and Kurt Settle say they want to offer people the chance to increase their savings into the housing market because many Kiwis...

First-home buyers can buy a stake in Auckland for $500
A new company, The Ownery, is offering a stake in Auckland houses for people with $500 or more to invest. Chief executive Paul Jacobs said Aucklanders had an uphill battle to save for a deposit because house values were rising faster than people could save...
House-sharing aims to get Aucklanders on property ladder
Auckland startup The Ownery Ltd is offering a new way to enter the housing market by buying shares in a company that then buys a house. Co-founders Paul Jacobs and Kurt Settle say they want to offer people the chance to grow their savings into the housing market because many, particularly younger Kiwis...
Company offering shares in Auckland housing market
The Ownery's aim is to give first home buyers a stake in the property market through shares in companies who own houses until they're able to purchase their own. Co-owner Paul Jacobs said it won't catalyse an already out-of-control market, even though it may enable more companies to own houses...
You can co-own a house in Auckland for $500 - well, sort of
A new Kiwi startup is offering New Zealanders the chance to join the Auckland property market for a rather low amount of money. The Ownery has launched a scheme that allows New Zealanders to buy shares in a company that then buys a house in Auckland. Those shareholders effectively own equity in a house...
Opportunity to buy Auckland property
Whangarei investors can now get into the Auckland housing market - without having to stump up with the total sale price of a house. Auckland startup The Ownery is offering a vehicle to enter the Auckland housing market, with investors putting in as little as $500.

What is a Company Constitution?

Each HouseShare™ Company has its own set of rules which governs how it is to be managed and sets out the rights of its shares holders. Each HouseShare™ Company will have a director who is responsible for the running of that company according to its constitution.

What are HouseShares?

HouseShares is the name we have for shares in a company that owns a single house. When you buy HouseShares, you're effectively buying a share of the house it owns.

What is a HouseShare™ Manager?

Each HouseShare™ Company is required to appoint a professional manager to administer the company and select and manage its property. HouseShare Management Ltd is a company set up specifically to provide these services. HouseShare Management Ltd and The Ownery share the same owners.

Guaranteed to be fully funded?

Someone has committed to buying any remaining shares at the end of the offer, meaning the house will be purchased and applicants will receive their HouseShares™. (Underwritten).

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