Bayleys Funds and Investment Products - Previous Offers
33-43 Hugo Johnston Drive, Penrose, Auckland (Re-Syndication)
Offer Open date: 26 February 2016
Manager: Centuria NZ (formerly known as Augusta Funds Management Limited)
A substantial industrial property on a 3.24 hectare site in a sought after Auckland industrial location. The property was leased to Oji Fibre Solutions (NZ) Limited (who was previously known as Carter Holt Harvey Pulp and Paper Limited) on a 15 year lease team from 1 April 2016 (with built in annual growth) and two rights of renewal of 10 years each.
This property was previously owned by another fund managed by Centuria. A significant development of the property was agreed with the tenant, with investors given the option to re-invest their $50,000 investment unit in the new offer (and receive the capital gain) or receive the full proceeds from the sale to the new fund ($59,360)
The total equity raised was $17 million, comprised of 340 $50,000 units. There was immense interest in this offer which closed fully subscribed.
Financial Advice Provider Group Limited (FSP773191) holds a licence issued by the Financial Markets Authority to provide financial advice. Bayleys Real Estate Limited (FSP773133) is authorised by that licence to provide financial advice.
The content of this website is general in nature – it is not intended to be financial advice and should not be relied on when making your investment decisions.
Before deciding whether to invest in any financial products available through Bayleys Real Estate Limited, you should obtain independent financial advice that takes account of your personal financial goals and circumstances.
Bayleys Real Estate Limited cannot provide you with any such independent financial advice. Important information about the financial advice service provided by Bayleys Real Estate Limited is available here. No person including Bayleys Real Estate, our Financial Advisers (selling agents), or the manager of the scheme, guarantees or promises any return to investors.
Should you wish to make a complaint, further information is available here.