Centuria NZ Large Format Retail No.1
Highlights of the investment:
- 5 year investment term provides investors a defined investment horizon.¹
- 6.75%p.a. forecast pre-tax cash distribution for the financial periods ending 31 March 2027 & 2028, paid monthly.²
- $25,000 minimum investment.
- PIE structure makes this tax effective for many investors.
- Centuria NZ has significant large format retail experience and a strong track record. Part of Centuria Capital Group, with approximately A$20.6 billion³ of Trans-Tasman assets under management.
- Centuria Platform is co-investing in the Trust and fully underwriting the offer, highlighting their confidence.
Property highlights:
Southgate Shopping Centre, Takanini, Auckland
- 4.5-hectare property.
- 31 tenants, anchored by Mitre 10 MEGA and Briscoes.
- Well located in a prominent corner position, in an area with recent rapid population growth.
Hornby Mega Centre, Hornby, Christchurch
- Nearly 2-hectare property.
- 11 established tenants, anchored by major multinational Harvey Norman.
- Benefits from growing catchment with its high-profile and strategic location on a major arterial.
- 100% occupied.
- Properties are of a significant size and scale with total valuation of $119.15 million.⁴
- Weighted average lease term of 3.77 years as at 1 February 2026.
- Strong performing property sector – population growth and renewed investor confidence, supported by lower interest rates, are underpinning demand for well-located large format retail assets.
¹. There is a risk that investors do not receive back some or all of their investment at the end of the investment term and returns are not guaranteed. Details of the circumstances in which investors may agree to extend the investment term, the manner in which liquidity will be offered to investors at the end of the investment term and the risks associated with this investment are set out in the Product Disclosure Statement.
². Details of how the forecast pre-tax cash distribution is calculated and the risks associated with this investment are set out in the Product Disclosure Statement. Cash distributions are not guaranteed. Actual distribution rates may vary.
³. Assets under management as at 30 June 2025. Includes assets contracted to be settled, cash and other assets.
⁴. Southgate Shopping Centre valuation as at 14 November 2025 and Hornby Mega Centre valuation as at 9 February 2026.
Centuria Funds Management (NZ) Limited is the issuer of the units in Centuria NZ Large Format Retail No.1. A Product Disclosure Statement for the offer of units is available, and can be obtained by contacting the Bayleys Real Estate agents listed in this advertisement. Nothing in this advertisement constitutes an invitation to subscribe for, or an offer of, units, shares, securities or other financial products to any person, in any country, in which it would be unlawful to do so. Terms used in this advertisement have the same meaning as defined in the Product Disclosure Statement, unless the context suggests otherwise. Prospective investors are recommended to seek professional advice from a financial advice provider which takes into account their personal circumstances before making an investment decision. The selling agents are not providing personalised advice. Important information about the financial advice service provided by Bayleys Real Estate Limited is available at www.bayleys.co.nz/funds
Financial Advice Provider Group Limited (FSP773191) holds a licence issued by the Financial Markets Authority to provide financial advice. Bayleys Real Estate Limited (FSP773133) is authorised by that licence to provide financial advice.
The content of this website is general in nature – it is not intended to be financial advice and should not be relied on when making your investment decisions.
Before deciding whether to invest in any financial products available through Bayleys Real Estate Limited, you should obtain independent financial advice that takes account of your personal financial goals and circumstances.
Bayleys Real Estate Limited cannot provide you with any such independent financial advice. Important information about the financial advice service provided by Bayleys Real Estate Limited is available here. No person including Bayleys Real Estate, our Financial Advisers (selling agents), or the manager of the scheme, guarantees or promises any return to investors.
Should you wish to make a complaint, further information is available here.