Founded in 2001, Centuria NZ* is a leading fund
manager with operations across New Zealand and Australia. Centuria NZ owns or manages 65 properties across the office, retail and industrial sectors, with $2.6 billion of assets under management.
Centuria NZ employs 42 staff across offices in Auckland, Christchurch and New Plymouth, with specialist expertise in asset management and development management, as well as other essential professional functions including accounting, treasury and investor relations, legal, compliance and company secretariat.
Centuria Capital manages A$20.2 billion of real estate across Australia and New Zealand.
The scale of Centuria’s business allows a vantage point from which to understand the market and unlock real estate opportunities. Centuria has comprehensive and up-to-date knowledge and insights pertaining to property buyers/sellers, tenants and, importantly, the constant and subtle shifts to lending and bank sentiment.
Understanding this sentiment has a critical bearing on the investment strategies ultimately determined for each property it manages. Centuria’s wide market reach, coupled with its professional expertise across all the key areas of asset management, represents the value proposition which will underpin its strategy for the future growth and success of the Asset Plus portfolio.
Centuria Capital (NZ) No.1 Ltd, as the shareholder of the manager, owns 19.99% of Asset Plus and increased its stake from 18.85% through participation in the Equity Raise completed in early October 2020.
* The manager’s name changed on 7 April 2021 from Augusta Funds Management Limited to Centuria Funds Management (NZ) Limited (Centuria NZ).