Offer Open date: 16 March 2011
Manager: Centuria NZ (formerly known as Augusta Funds Management Limited)
A substantial 7 hectare industrial complex strategically located in New Zealand’s horticultural hub. The property is leased to ENZAFoods New Zealand Limited, one of the most recognised fruit brands in the world. The long lease of 13 years and 8 months from 1 January 2008, with one further right of renewal for nine years also provides for built in annual rental growth.
220 units were offered at $50,000 each with a successful raise of $11 million in investor equity.