New Property Purchases in Nelson, Palmerston North, and Rotorua Signal Continued Growth

Promessa Property Group, a wholly owned subsidiary of TPT Group Holdings, continues to invest despite the softer economic climate in New Zealand.   The latest purchases include properties in Nelson, Palmerston North, and Rotorua.   This strategic move underscores Promessa's commitment to expanding its footprint and enhancing its portfolio to meet the growing demand for high-quality property solutions.

The business was founded in 2007 and along with the TPT Family Office Investment Fund owns 28 properties in main city and town centres compromising commercial and industrial properties.

Mike Marr, CEO of TPT Group, the ultimate parent company of Promessa Property Group, commented, "We continue to invest in our future and these purchase in Nelson, Palmerston North, and Rotorua further complement our portfolio and align with our strategy for growth.”

Promessa Property Group remains committed to owning and managing a modern portfolio of properties that help position the wider TPT Group for the future.

As the company continues to grow, it looks forward to making a positive impact on the communities it serves and driving forward the standards of the property industry.

For further information on Promessa Property Group and its latest acquisitions, please visit www.promessa.co.nz.