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Centuia NZ Large Format Retail No. 1 banner

Centuria NZ Large Format Retail No. 1

5 year investment term1

Invest in the strong-performing large format retail property sector, with monthly cash distributions and the potential for capital growth.

Enquire now
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6.75% p.a.

forecast pre-tax cash distribution for the financial periods ending 31 March 2027 and 2028, paid monthly.2

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$25,000

minimum investment

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42 tenants

providing diversification

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2

substantial properties

Centuria NZ Large Format Retail No.1 (the Trust) will acquire two substantial large format retail properties, well located on high profile sites in Auckland and Christchurch. The Trust will have significant scale, together with income diversification across 42 tenants, including household names Mitre 10 MEGA, Harvey Norman, Briscoes, Repco and Bed Bath & Beyond.

Key highlights

  • 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.
  • Properties are 100% occupied and of a significant size and scale with total valuation of $119.15 million.3
  • 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.
  • Centuria NZ has significant large format retail experience and a strong track record.
  • Centuria Platform is co-investing in the Trust and fully underwriting the offer.
  • 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.
  • Properties are 100% occupied and of a significant size and scale with total valuation of $119.15 million.3
  • 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.
  • Centuria NZ has significant large format retail experience and a strong track record.
  • Centuria Platform is co-investing in the Trust and fully underwriting the offer.

 

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. Southgate Shopping Centre valuation as at 14 November 2025 and Hornby Mega Centre valuation as at 9 February 2026.

The properties

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.
230 Great South Road - 045 (1)
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Enquire

Express your interest to receive further information by filling out the form.

Having trouble? Please call 0800 BAYLEYS (0800 229539) or email funds@bayleys.co.nz

Contact

To discuss the above in more detail, please contact the Bayleys selling agents:

Mike Houlker

P 09 375 8437
M 021 945 927
E mike.houlker@bayleys.co.nz

Samara Phillips

P 09 375 8490
M 021 027 61373
E samara.phillips@bayleys.co.nz

Sarah Prebble

P 09 375 6825
M 027 635 3521
E sarah.prebble@bayleys.co.nz

0800 BAYLEYS (229539)

Bayleys Real Estate Limited,
Auckland Central
Licensed under the REA Act 2008

About Centuria

Centuria NZ is an established and experienced fund manager with significant property market expertise.

Centuria NZ (formerly known as Augusta Funds Management) manages approximately NZ$2.4 billion of assets with a strong track record. Centuria NZ are part of ASX200 listed Centuria Capital Group, one of Australasia’s largest property fund management platforms, with approximately A$20.6 billion of Trans-Tasman assets under management on behalf of investors.4

Centuria NZ has a 20-year track record and manages a wide range of property-related investments, including commercial, industrial, office, retail, healthcare, agricultural and self-storage properties. Centuria NZ is conservative in its approach with a focus on quality assets with strong long-term fundamentals. At the core of its investment philosophy is providing regular monthly cash distributions and protecting and growing investors’ equity.

For more information click here to visit the Centuria NZ Homepage.

4. Assets under management as at 30 June 2025. Includes assets contracted to be settled, cash and other assets.

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