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.
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.
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. Part of Centuria Capital Group, with approximately A$20.6 billion4 of Trans-Tasman assets under management.
- Centuria Platform is co-investing in the Trust and fully underwriting the offer, highlighting their confidence.
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.
4 Assets under management as at 30 June 2025. Includes assets contracted to be settled, cash and other assets.
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.
Watch a video
Centuria NZ Large Format Retail No.1
Watch a brief video about the Centuria NZ Large Format Retail No.1 investment opportunity.
Cameron Bagrie
Former ANZ Bank Chief Economist Cameron Bagrie provides his thoughts.
Attend a presentation or webinar
Mark Francis, Centuria NZ CEO, or a senior representative of Centuria NZ will be presenting the details of this investment opportunity at the below events, along with a webinar.
Cameron Bagrie, leading NZ economist, will also be presenting his thoughts on the current economic climate.
Following the presentations, refreshments will be served. We welcome your attendance.
Auckland Central
5:30pm, Thursday 26 March 2026
Bayleys Auckland Central
30 Gaunt Street, Wynyard Quarter
Please let us know if you require a car park.
Auckland North Shore
1:00pm, Friday 27 March 2026
Bayleys Takapuna Residential
28 Northcroft Street, Takapuna
Blenheim
10:30am, Monday 13 April 2026
Bayleys Marlborough
33 Seymour Street, Blenheim
Havelock North
5:30pm, Tuesday 14 April 2026
Bayleys Havelock North
15 Havelock Road, Havelock North
New Plymouth
5:30pm, Tuesday 31 March 2026
The Devon Hotel
390 Devon Street East, Strandon
Palmerston North
5:30pm, Wednesday 1 April 2026
Orlando Country Club
748 Rangitikei Line, Newbury
Thames
12:00pm, Thursday 16 April 2026
The Thames On Kirkwood
100 Kirkwood Street, Thames
Whanganui
10:00am, Wednesday 1 April 2026
Bayleys Whanganui
158 Wicksteed Street, Whanganui
Whitianga
5:30pm, Thursday 16 April 2026
Basker
3 Reweti Drive, Whitianga
Wellington
5:30pm, Monday 13 April 2026
Bayleys Wellington
Cnr Brandon Street & Lambton Quay, Wellington Central
Webinar
12:00pm, Wednesday 1 April 2026
Please RSVP and log in information will be provided.
For more information including a copy of the Product Disclosure Statement and a full-length video, and/or to RSVP to a presentation please contact the Bayleys Salesperson who informed you of the Centuria NZ Large Format Retail No.1 offer.
0800 BAYLEYS (229 539)