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Bayleys Funds and Investment Products - Previous Offers

Countdown, Westgate Shopping Centre, Auckland

Offer Open date: 5 November 2010

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

Investors were offered the opportunity to participate in the ownership of the Countdown Supermarket, the anchor tenancy at Westgate Shopping Centre, Westgate, Auckland. At the time of this offer this large format supermarket had a 15 year lease in place from 1 December 2008 with renewal terms through to 2041.

192 units in the syndication were offered at $50,000 each, with $9.6m in total investor equity raised.

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