The property comprises a premium-grade six-level commercial building with over 8,000 sqm of office and retail accommodation. The building was completed in 2016 and developed to achieve a 5-star rating under the Green Star Design and As Built guidelines. A large central atrium provides natural light to the office levels and cascading air bridges between levels that connect to the neighbouring building, “Building A”, also managed by Centuria. The property has 76 carparks over two basement levels and is the head office of NZME.
Major Tenants:
NZME, Kotahi, and Maersk.
| Type | Office |
|---|---|
| Original price | $50,000.00 per unit |
| Current distribution* |
2.00% p.a. on the original unit value of $50,000 ($1,000 per unit p.a.)
Pre-Tax Gross distribution*The distribution rate disclosed above is the current distribution rate for the Scheme. There is no guarantee that the distribution rate will stay the same. Cash distributions are not guaranteed. |
| Net asset value |
$38,853 per unit as at 31 Mar 2025. Note: This does not include the cost of selling the property and winding up the investment, which is usually between 3-5% of net assets. It is also subject to the accounting policies, judgement and estimation disclosed within the financial statements. |
| Minimum holding | 1 unit |
| Important documents | |
| Quantity | Buy now price (total) | Buy now price (per unit) | Closing date | |
|---|---|---|---|---|
| 1 unit | $22,000.00 | $22,000.00 | Mon 29 Jun 2026 | |
| 1 unit | N/A | N/A | Wed 24 Jun 2026 | |
| 1 unit | N/A | N/A | Wed 24 Jun 2026 | |
| 5 units | $190,000.00 | $38,000.00 | Tue 23 Jun 2026 | |
| 1 unit | N/A | N/A | Tue 30 Jun 2026 | |
| 1 unit | $25,000.00 | $25,000.00 | Thu 25 Jun 2026 | |
| 1 unit | $45,000.00 | $45,000.00 | Fri 26 Jun 2026 | |
| 1 unit | N/A | N/A | Mon 22 Jun 2026 | |
| 1 unit | $38,000.00 | $38,000.00 | Tue 23 Jun 2026 | |
| 1 unit | $43,000.00 | $43,000.00 | Thu 25 Jun 2026 |
| Date transacted | Quantity transacted | Price (per unit) |
|---|---|---|
| 01/05/2026 | 1 | $20,000.00 |
| 01/05/2026 | 2 | $18,000.00 |
| 01/04/2026 | 1 | $20,000.00 |
| 01/03/2026 | 2 | $20,000.00 |
| 01/02/2026 | 2 | $25,000.00 |
| 01/12/2025 | 2 | $20,000.00 |
| 01/10/2025 | 2 | $25,000.00 |
| 01/10/2025 | 2 | $25,500.00 |
| 01/05/2025 | 3 | $25,000.00 |
| 01/04/2025 | 2 | $17,500.00 |
| 01/12/2024 | 2 | $26,000.00 |
| 01/07/2023 | 1 | $28,500.00 |
| 01/12/2022 | 1 | $48,500.00 |
| 01/09/2022 | 1 | $34,250.00 |
| 01/07/2022 | 1 | $40,250.00 |
| 01/05/2022 | 1 | $48,400.00 |