Centuria NZ Healthcare Property Fund

Shares available to purchase from Centuria Platform Investments Pty Limited

• The portfolio of 23 aged care properties provide geographic diversification and exposure to both metropolitan areas and regional areas catering to local demand where bed shortages are expected to occur.

•Annual rental growth built in (increasing the rental for the next 30 years) linked to CPI, offsetting inflation pressure (minimum 1% and maximum 4%).

• Strong tenant and sector - Heritage Lifecare is one of NZ's leading and largest aged care operators in a sector seeing strong and increasing demand with NZ's rapidly aging population. The sector also has high levels of recurring Government funding (estimated at 53% directly from the Government and an additional approximately 24% funded indirectly via residents' pensions).

• Portfolio of significant size and scale, with a total purchase price of $192.2 million.

• PIE structure providing taxation benefits.

• Intention to grow over time and increase diversification via strategically selected healthcare related real estate acquisitions.

• Initial 5% p.a after-tax forecast cash distribution paid monthly*.

• Minimum $10,000 investment open to all in New Zealand.

• Offer fully underwritten.

For more information please contact the selling agents or visit the website centuriahealthcare.co.nz.

*5% p.a. forecast pre-tax and after-tax cash distribution for the Financial periods ending 31 March 2023 and 31 March 2024. Details of how the forecast cash distribution is calculated and the risks associated with this investment can be found in the Product Disclosure Statement. Forecast after-tax distributions only take into account New Zealand income tax. The pre-tax and after-tax cash distributions are not guaranteed and may change in the future.
Centuria Platform Investments Pty Limited acquired shares in Centuria NZ Healthcare Property Fund Limited pursuant to an offer that has now closed.