Centuria NZ Agricultural Property Fund Limited (the Fund) has been established to provide everyone in New Zealand the opportunity to invest in agricultural property with monthly cash distributions and the potential for capital growth.
The agriculture sector makes up the majority of New Zealand's export economy and New Zealand's agriculture properties have performed well over time from a capital growth perspective.
The Fund's initial asset is a 29.7 ha horticultural facility leased to market leading tenant Superb Herb on a 15 year “triple net lease” with built in rental growth. Only 50km from Auckland's CBD, the asset has been purchased for $15.8 million, significantly below the independent valuation of $19 million*. No bank debt will be used to acquire the asset.
For more information on this investment opportunity (including a copy of the Product Disclosure Statement), video, presentation and webinar details, visit www.centuriaagri.co.nz or contact the selling agents.
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Centuria NZ Agricultural Property Fund Limited is the issuer of the shares. A Product Disclosure Statement, containing 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 shares, securities 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 syndications.co.nz.
*Valuation as at 6 March 2023.