Centuria have a proud history and strong track record of acquiring, developing and adding value to assets for our investors. Our experienced team partner with third party specialists and clients to unlock value, create and deliver solutions that meet our customer’s needs.

Centuria Property Development team has consistently sought investment opportunities where it can add value to property assets that are mispriced or undervalued by the market and are ready for repositioning and redevelopment. This extends to repositioning existing assets to suit our existing tenants changing and growing needs, and undertaking new developments to suit occupier demand.

Current Projects

43 College Hill, Auckland

The building at 43 College Hill, located on the outskirts of Auckland’s CBD, is undergoing a conversion and full refurbishment to convert the existing office space into a premium self-storage facility. With four levels spanning across 4,400sqm, this facility will offer 24/7 self-storage, temperature and humidity-controlled wine storage facility, upscale wine retail, and a high security vault. The project, with an anticipated completion date in late 2024, has a completed forecast exit value of circa $55 million.

Lakeview, Queenstown

Centuria have partnered with Melbourne-based developers Ninety Four Feet to develop a range of residential housing, hotels, co-working and co-living spaces, and hospitality and retail facilities on a 10-hectare Lakeview precinct on the shore of Lake Wakatipu. This large scale, multi-stage development is valued in excess of $1 billion and estimated to take ~10 years to complete.