Investment Properties
Investment Properties

Investment Properties

The Fund’s property portfolio’s overarching theme for the year was resilience and reconnection. The focus of the third quarter of 2022 was getting FNPF tenants back to work in a safe and welcoming environment.

 

FNPF continued to assist tenants who were directly impacted by COVID-19 through to December 2021.

 

The portfolio consists of 29 properties, including 19 commercial properties leased for retail and office use and 10 undeveloped land holdings with the potential for future development.

 

The improvement in the portfolio performance compared to the last financial year reflects Fiji’s broad-based recovery.

 

The value of the properties’ portfolio at the end of 2022 was $447.7 million compared to $430.7 million in 2021, representing about a 4% increase in fair value.

 

My FNPF Centre, Nadi, which was successfully completed and opened to tenants and consumers on 6 December, 2021, contributed to the overall increase in rentable space.

 

Specific vacancy rates decreased resulting in an occupancy rate of 93% for the portfolio. Rental income for the year was $20.6 million, compared to $19.0 million in 2021.

Central

Downtown Boulevard

Location: 33 Ellery Street, Suva
Recommended Use: RetailOffice
Vacant Spaces: None
Contact Person: Viliame Bainivalu
Email: properties@fnpf.com.fj

Harbour Front

Location: Scott Street, Suva
Recommended Use: RetailOffice
Vacant Spaces: None
Contact Person: Viliame Bainivalu
Email: properties@fnpf.com.fj

Ganilau House

Location: Edward Street, Suva
Recommended Use: RetailOffice
Vacant Spaces: None
Contact Person: Viliame Bainivalu
Email: properties@fnpf.com.fj

Victoria Corner

Location: Gordon Street, Suva
Recommended Use: Retail/Office
Vacant Spaces: Spaces Available for Retail & Office Lease
Contact Person: Viliame Bainivalu
Email:  properties@fnpf.com.fj

Velop House

Location: 350 Victoria Parade, Suva
Recommended Use: RetailOffice
Vacant Spaces: None
Contact Person: Viliame Bainivalu
Email: properties@fnpf.com.fj

Mercury House

Location: 158 Victoria Parade, Suva
Recommended Use: RetailOffice
Vacant Spaces: Spaces Available for Office Lease
Contact Person: Viliame Bainivalu
Email:  properties@fnpf.com.fj

FNPF Place

Location: Victoria Parade, Suva
Recommended Use: RetailOffice
Vacant Spaces: None
Contact Person: Viliame Bainivalu
Email:  properties@fnpf.com.fj

FRCA Complex

Location: Queen Elizabeth Drive, Nasese Suva
Recommended Use: Office
Vacant Spaces: None
Contact Person: Viliame Bainivalu
Email: properties@fnpf.com.fj

Kwong Ty Plaza

Location: Marks Street, Suva
Recommended Use: RetailOffice
Vacant Spaces: Spaces Available for Office Lease
Contact Person: Viliame Bainivalu
Email:  properties@fnpf.com.fj

Hugh Robinson Complex

Location: Grantham Road, Raiwaqa, Suva
Recommended Use: Retail and Office
Vacant Spaces: None
Contact Person: Viliame Bainivalu
Email:  properties@fnpf.com.fj

Grantham Plaza

Location: Grantham Road, Raiwaqa, Suva
Recommended Use: Retail and Office
Vacant Spaces: Spaces Available for Retail & Office Lease
Contact Person: Viliame Bainivalu
Email: properties@fnpf.com.fj

Vodafone Headquarters

Location: 168 Princess Road, Suva
Recommended Use: Retail and Office
Vacant Spaces: None
Contact Person: Viliame Bainivalu
Email:  properties@fnpf.com.fj

Harbour Center

Location: Scott Street, Suva
Recommended Use: Retail and Office
Vacant Spaces: Spaces Available for Office Lease
Contact Person: Viliame Bainivalu
Email:  properties@fnpf.com.fj

My FNPF Center

Location: Greig Street, Suva
Recommended Use: Retail and Office
Vacant Spaces: Spaces Available for Office and Food Court
Contact Person: Viliame Bainivalu
Email: properties@fnpf.com.fj

Western

Natadola Beach Resort

Location: Sanasana, Nadroga
Recommended Use: Retail and Office
Vacant Spaces: None
Contact Person: Alifereti Ratumaitavuki
Email: AliferetiR@fnpf.com.fj

Nadi Retail

Location: Corner of Main St. and Koroivolu,Nadi
Recommended Use: Retail and Office
Vacant Spaces: None
Contact Person: Viliame Bainivalu
Email: properties@fnpf.com.fj

Provident Center

Location: Lautoka
Recommended Use: Retail and Office
Vacant Spaces: Space Available for Office Lease
Contact Person: Viliame Bainivalu
Email: properties@fnpf.com.fj

Vodafone Exchange

Location: Wairabetia, Vuda, Lautoka
Recommended Use: Office
Vacant Spaces: None
Contact Person: Viliame Bainivalu
Email: properties@fnpf.com.fj

Intercontinental Fiji Golf Resort & Spa

Location: Maro Rd Natadola Bay, Natadola
Recommended Use: Retail/Office
Vacant Spaces: None
Contact Person: Alifereti Ratumaitavuki
Email: AliferetiR@fnpf.com.fj

Fiji Marriott Momi Bay

Location: Savusavu Rd , Momi Bay, Nadi
Recommended Use: Retail/Office
Vacant Spaces: None
Contact Person: Alifereti Ratumaitavuki
Email: AliferetiR@fnpf.com.fj

Natadola Land Estate

Location: Maro Rd Natadola Bay, Natadola
Recommended Use: Residential Lots
Vacant Spaces: Model Home & Lots available
Contact Person: Alifereti Ratumaitavuki
Mobile No: 9998053
Email: NatadolaSales@fnpf.com.fj

Northern

FNPF Labasa Office

Location: Rosawa St, Labasa
Recommended Use: Office
Vacant Spaces: None
Contact Person: Viliame Bainivalu
Email: properties@fnpf.com.fj