Invesis has successfully completed its acquisition of an interest in Waikeria Men’s Prison in New Zealand, adding to its portfolio of landmark assets across Australia and New Zealand which include Cross River Rail in Brisbane, New Melton Hospital, Ground Lease Model 2 Housing, and its portfolio of Housing Australia Future Fund (HAFFF) projects.
Today’s announcement strengthens Invesis’ strategic entry into the Australia and New Zealand market, as we continue to build a portfolio of milestone investments that deliver significant social and economic benefits to the local communities we serve. With our long-term investment perspective, as well as our flexible and positive approach to partnership with the public sector, we look forward to supporting Waikeria during this next phase of growth.
As part of the transaction, Invesis and co-investor Capella Capital will each acquire 30% equity in Cornerstone Infrastructure Partners (CIP) from Morrison managed Public Infrastructure Partners funds, which currently owns 60% in Waikeria Prison. The remaining 40% equity continues to be managed by Pacific Partnerships.
Opened in June 2025, the new Waikeria Prison consists of 28 buildings across 21 hectares and 596 high security beds including 96 dedicated beds to support the Mental Health and Addictions Service, the first of its kind in New Zealand.
Preparations are also underway to expand the facility with an additional 810 beds targeted for completion in 2029.
Simon Hunter, Invesis Head of Australia and New Zealand, says: “Entering New Zealand with the acquisition of an interest in Waikeria Prison marks an important milestone for Invesis as we continue to expand our presence across Australia and New Zealand. This investment reflects our long-term commitment to delivering high-quality social infrastructure and working in close partnership with government and experienced partners. We look forward to supporting the ongoing operation and future expansion of Waikeria, ensuring it continues to provide meaningful outcomes for the community.”
Date
29/04/26
Tél.
Réseaux Sociaux
