An opportunity to invest with Centuria in the strong performing large format retail property sector is now open for investment.
Centuria are one of Australasia's largest property fund managers with over $20 billion of Trans-Tasman assets under management on behalf of thousands of investors.
Their latest offer, Centuria NZ Large Format Retail No. 1 (the Trust) offers a five-year investment term*, with an attractive 6.75% per annum forecast pre-tax cash distribution for the financial periods ending 31 March 2027 & 2028, paid to investors monthly**, along with the potential for capital growth.
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. The Trust is also structured as a PIE which makes this a tax effective investment for many investors.
Centuria Platform will be co-investing in the Trust and fully underwriting the offer, highlighting their confidence.
To request more information including a copy of the Product Disclosure Statement and details of upcoming nationwide presentations (and a webinar) with guest speaker economist Cameron Bagrie, contact the selling agents or visit www.centuria.co.nz/LFR.
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*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.
**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.
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.
