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Bayleys Funds and Investment Products - Previous Offers

Centuria Penrose Limited

Offer Open date: 5 January 2021

Manager: Centuria NZ (formerly known as Augusta Funds Management Limited)

The Visy Glass industrial property investment opportunity comprised a substantial 8.576 hectare industrial complex with a 20-year “triple net lease” to a subsidiary of global packaging leader, the Visy Group, well located in a prime position in one of New Zealand’s pre-eminent industrial suburbs, Penrose, Auckland.

The offer was Centuria NZ’s largest single asset offer to date raising $109 million of investors capital.

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