Centuria Investment Opportunity - $25k Minimum
•9.00% p.a. forecast pre-tax cash distribution for the financial periods ending 31 March 2027, 2028 & 2029, paid monthly*
•5 year investment term**
•$25k minimum investment
A new opportunity to invest with Centuria is out now! Centuria NZ is an established and experienced fund manager with significant property market expertise, a strong track record and thousands of investors. Part of Centuria Capital Group, the Group has approximately A$22.2 billion*** of Trans-Tasman assets under management.
MERIDIAN MALL - PRIME CBD LOCATION WITH MARKET DOMINANCE, OFFERING SCALE AND INCOME DIVERSIFICATION
•Well known tenants include JB Hi-Fi, Chemist Warehouse, Kathmandu, Toyworld, Cotton On, Sunglass Hut, Michael Hill Jeweller, Merchant 1948, Peter Alexander, Strandbags, Les Mills, City Fitness, Burger King, Coffee Club and Tank Juice.
•Diversification with over 50 tenants - A significantly diversified income stream highlighted by no single tenant contributing more than 8.2% of total income, meaning low reliance on any one income stream.
•Future income growth - Approximately 90% of current base rent is subject to further fixed, CPI-linked or stepped rental growth mechanisms, which is positive for future income growth.
•$89 million valuation****/purchase price, with a $193 million estimated replacement cost (for insurance purposes, excluding land costs), which suggests there are significant barriers to entry for any new competing comparable shopping centre in the future.
•Prime position within the city's core retail precinct which recently benefited from the Dunedin City Council's $50 million streetscape upgrade. Situated on the main shopping thoroughfare, George Street, the high-profile property has excellent accessibility with three street frontages and high levels of pedestrian traffic.
•558 carparks, considered the prime retail carpark within the CBD, with casual paid parking providing further income diversification.
DUNEDIN - THE SOUTH ISLAND'S SECOND-LARGEST COMMERCIAL HUB
•The South Island economy is generally outperforming the North Island, as noted by Statistics NZ. Otago has seen the largest growth rate in the number of businesses in the past three years, and the joint lowest unemployment rate in the country.
•Dunedin CBD remains the city's pre-eminent shopping destination.
•The Meridian Mall benefits from its close proximity to both the hospital and the globally ranked University of Otago (approximately 19,000 students, 4,000 staff). The $1.9 billion new Dunedin Hospital project, described as the largest health infrastructure investment ever undertaken in New Zealand, is only approximately 500 metres from the property and expected to contribute $429 million to Dunedin's economy.
To request further information, including a copy of the Product Disclosure Statement and learn more about upcoming presentations, visit the website www.centuria.co.nz/meridian or contact the selling agents.
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* 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.
** 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.
*** Assets under management as at 30 June 2026. Includes assets contracted to be settled, cash and other assets.
**** Valuation as at 22 July 2026.
Centuria Funds Management (NZ) Limited is the issuer of the stapled units to be issued under the offer to which this advertisement relates. A Product Disclosure Statement for the offer, which sets out the terms and conditions of the offer, 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 or 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 bayleys.co.nz/funds.
•5 year investment term**
•$25k minimum investment
A new opportunity to invest with Centuria is out now! Centuria NZ is an established and experienced fund manager with significant property market expertise, a strong track record and thousands of investors. Part of Centuria Capital Group, the Group has approximately A$22.2 billion*** of Trans-Tasman assets under management.
MERIDIAN MALL - PRIME CBD LOCATION WITH MARKET DOMINANCE, OFFERING SCALE AND INCOME DIVERSIFICATION
•Well known tenants include JB Hi-Fi, Chemist Warehouse, Kathmandu, Toyworld, Cotton On, Sunglass Hut, Michael Hill Jeweller, Merchant 1948, Peter Alexander, Strandbags, Les Mills, City Fitness, Burger King, Coffee Club and Tank Juice.
•Diversification with over 50 tenants - A significantly diversified income stream highlighted by no single tenant contributing more than 8.2% of total income, meaning low reliance on any one income stream.
•Future income growth - Approximately 90% of current base rent is subject to further fixed, CPI-linked or stepped rental growth mechanisms, which is positive for future income growth.
•$89 million valuation****/purchase price, with a $193 million estimated replacement cost (for insurance purposes, excluding land costs), which suggests there are significant barriers to entry for any new competing comparable shopping centre in the future.
•Prime position within the city's core retail precinct which recently benefited from the Dunedin City Council's $50 million streetscape upgrade. Situated on the main shopping thoroughfare, George Street, the high-profile property has excellent accessibility with three street frontages and high levels of pedestrian traffic.
•558 carparks, considered the prime retail carpark within the CBD, with casual paid parking providing further income diversification.
DUNEDIN - THE SOUTH ISLAND'S SECOND-LARGEST COMMERCIAL HUB
•The South Island economy is generally outperforming the North Island, as noted by Statistics NZ. Otago has seen the largest growth rate in the number of businesses in the past three years, and the joint lowest unemployment rate in the country.
•Dunedin CBD remains the city's pre-eminent shopping destination.
•The Meridian Mall benefits from its close proximity to both the hospital and the globally ranked University of Otago (approximately 19,000 students, 4,000 staff). The $1.9 billion new Dunedin Hospital project, described as the largest health infrastructure investment ever undertaken in New Zealand, is only approximately 500 metres from the property and expected to contribute $429 million to Dunedin's economy.
To request further information, including a copy of the Product Disclosure Statement and learn more about upcoming presentations, visit the website www.centuria.co.nz/meridian or contact the selling agents.
__________________________________
* 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.
** 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.
*** Assets under management as at 30 June 2026. Includes assets contracted to be settled, cash and other assets.
**** Valuation as at 22 July 2026.
Centuria Funds Management (NZ) Limited is the issuer of the stapled units to be issued under the offer to which this advertisement relates. A Product Disclosure Statement for the offer, which sets out the terms and conditions of the offer, 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 or 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 bayleys.co.nz/funds.
Key features
Opportunity
9.00% p.a. forecast pre-tax cash distribution for the financial periods ending 31 March 2027, 2028 & 2029, paid monthly*, with the potential for capital growth
Available
To everyone in New Zealand – Share in the ownership of Meridian Mall with investment beginning at $25,000 with a 5 year investment term**
Location
Prime CBD location with market dominance
Manager
Centuria NZ is an established and experienced fund manager with significant property market expertise, a strong track record and thousands of investors
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