Centuria NZ Large Format Retail No.1
Centuria NZ Large Format Retail No.1 (the Trust) has acquired two substantial large format retail properties, well located on high profile sites in Auckland and Christchurch. The Trust has significant scale, together with income diversification across 42 tenants, including household names Mitre 10 MEGA, Harvey Norman, Briscoes, Repco and Bed Bath & Beyond.
Key information
| Type | Large Format Retail |
|---|---|
| Original price | $1.00 per unit |
| Current distribution* |
6.75% 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 |
$1.00 per unit as at 1 May 2026. Note: This does not consider costs to realise the investment if we were to sell the property, for example agents’ commissions and liquidation expenses which usually work out to be between 3-5% of the net assets per unit. It is also subject to the accounting policies, judgement and estimation as disclosed within these. |
| Minimum holding | 10,000 units |
| Important documents | |
Current opportunities
| Quantity | Buy now price (total) | Buy now price (per unit) | Closing date | |
|---|---|---|---|---|
| 50,000 units | $55,000.00 | $1.10 | Fri 2 Oct 2026 |
