NEW INVESTMENT OPPORTUNITY
INVITATION TO PRESENTATIONS/WEBINAR

An opportunity to invest in agricultural real estate, managed by one of New Zealand’s leading and largest property fund managers, Centuria NZ. This opportunity is available to everyone in New Zealand.

To request further information (including the Product Disclosure Statement) or to RSVP to one of the below presentations register your interest here.

The key highlights of the fund and the initial asset are outlined in a short video available here and are detailed below.

Initial asset: 208 Fordyce Road, Helensville, Auckland

• 29.7ha horticultural facility including nine greenhouses, only 50km from Auckland CBD.
• 15 year "triple net lease", meaning the tenant is responsible for all repairs, maintenance and capital expenditure. The landlord is insulated from all liability in relation to the property to the maximum extent permitted by law.
• 10 year right of renewal, final expiry of 2048.
• Fixed annual rental growth of 3.5% with a market rent review in year nine (with cap and collar) providing a long term and growing income stream.
• Market leading tenant, Superb Herb. NZ's largest supplier of potted and cut herbs with over 50% of fresh herb market share. Supplies all major NZ supermarket chains.
• Purchase price $15.811 million.
• Independent valuation $19 million.**
• No bank debt will be used to acquire the asset, which means there will be no exposure to the current volatile interest rate environment for investors at settlement - a sought-after feature in the current economic climate.
• Value-add potential as surplus land provides flexibility for development, subdivision and divestment potential in the future.

Features of this new agriculture-specific property fund

• Investing in strategically selected agriculture-related real estate - future acquisitions may include greenhouses, vineyards, forestry, farm land and agriculture-logistics facilities.
• Strong sector - Agriculture makes up the majority of New Zealand’s export economy. New Zealand’s agriculture properties have performed well over time from a capital growth perspective.
• Fund overseen by a Board with a majority of independent New Zealand directors - significant experience in investment, real estate and agricultural markets.
• Proven manager - Centuria NZ manages approximately NZ$2.63 billion of assets with a strong track record. They are part of ASX listed Centuria Capital Group with approximately A$21.2 billion of Trans-Tasman assets under management. Centuria Capital Group has significant agricultural experience and is Australia’s biggest large-scale glasshouse asset manager, managing circa 74 hectares 'under glass'.

Register your interest by clicking the button below to receive more information (including the Product Disclosure Statement) and/or to RSVP to the below presentations.

If preferred, please contact the selling agents below

Presentation/webinar details

Mark Francis, Centuria NZ's CEO, will be presenting at all venues. Leading economist Cameron Bagrie will be presenting at the Auckland and New Plymouth presentations.

AUCKLAND: 5:30pm, Tuesday 16 May 2023
Bayleys Office, 30 Gaunt Street, Auckland Central
If you require a car park please let us know.

CHRISTCHURCH: 5:30pm, Thursday 11 May 2023
Bayleys Office (Please note a different location than usual)
3 Deans Avenue, Riccarton

NEW PLYMOUTH: 5:30pm, Wednesday 10 May 2023
The Devon Hotel, 390 Devon Street East, Strandon

PALMERSTON NORTH: 5:30pm, Tuesday 9 May 2023
Orlando Country Club, 748 Rangitikei Line, Newbury

TAURANGA: 5:30pm, Monday 15 May 2023
Bayleys Office (Please note a different location than usual)
Ground Floor, ANZ Centre, 247 Cameron Road

WEBINAR: 12:00pm, Tuesday 16 May 2023
Please RSVP using the button below and log in information will be provided to you closer to the time.

We welcome your email or call to discuss the above.

We look forward to being of assistance.

Mike Houlker
P 09 375 8437
M 021 945 927
mike.houlker@bayleys.co.nz
BAYLEYS REAL ESTATE LTD, AUCKLAND CENTRAL,
LICENSED UNDER THE REA ACT 2008

Samara Phillips
P 09 375 8490
M 021 027 61373
samara.phillips@bayleys.co.nz
BAYLEYS REAL ESTATE LTD, AUCKLAND CENTRAL,
LICENSED UNDER THE REA ACT 2008

Sarah Prebble
P 09 375 6825
M 027 635 3521
sarah.prebble@bayleys.co.nz
BAYLEYS REAL ESTATE LTD, AUCKLAND CENTRAL,
LICENSED UNDER THE REA ACT 2008

0800 BAYLEYS (229539)
centuriaagri.co.nz

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.