Centuria NZ Value-Add Fund No. 2 LP
The Fund acquired 43 College Hill, a prime location in Central Auckland, and has converted the existing building to a premium storage facility. The Fund’s term was recently extended to expire on 30 June 2027. The Manager is currently working to increase storage occupancy and rates in order to put the property in the best position for sale ahead of that expiry date (which may be extended by an ordinary resolution of investors). When the property is sold, the net assets will be distributed to investors.
This is a total return opportunity, with distributions only received by investors once the property is successfully sold.
If the property was realised now based on current occupancy and income, it is expected that the net assets of the scheme would be less than the original investment made by investors.
Key information
| Type | Diversified |
|---|---|
| Original price | $1.00 per unit |
| Minimum holding | 100,000 units |
| Important documents | |
No distributions will be received by investors prior to the sale of the property, following which the net assets realised will be distributed to investors.
Current opportunities
| Quantity | Buy now price (total) | Buy now price (per unit) | Closing date | |
|---|---|---|---|---|
| 100,000 units | $95,000.00 | $0.95 | Wed 17 Jun 2026 |
