Offer Open date: 30 July 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 Fraser Cove Shopping Centre, Tauranga. The supermarket was new, only opening the year prior to the offer to invest, with a 15 year lease in place, renewal terms running through to 2042 and three yearly rent reviews.
A total of 183 $50,000 units were sold to investors.