Fund Overview
Centuria Value-Add Fund No. 2 is a New Zealand wholesale property investment vehicle managed by Centuria. Structure: New Zealand limited partnership (not a portfolio investment entity); wholesale investors only; unregistered offer under FMCA. The manager states a target/forecast of: Manager states target of 13% annualised pre-tax return on an after-fees basis over a two-year term; returns are not guaranteed and actual re (target only — not a forecast or guarantee; capital is at risk). IM watermarked no longer current (see 20 Nov 2025 notice of meeting).
Asset Class
Property
Structure
New Zealand limited partnership (not a portfolio investment entity); wholesale investors only; unreg
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Fund Documents
Documents are published by the issuer. Review the current version in full and seek independent advice before investing.
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Quick Info
This information is for wholesale investors only and does not constitute financial advice. All investments carry risk. Please seek professional advice before making investment decisions.
Frequently Asked Questions
What is Centuria Value-Add Fund No. 2?
Centuria Value-Add Fund No. 2 is a New Zealand wholesale property investment vehicle managed by Centuria. Structure: New Zealand limited partnership (not a portfolio investment entity); wholesale investors only; unregistered offer under FMCA. The manager states a target/forecast of: Manager states target of 13% annualised pre-tax return on an after-fees basis over a two-year term; returns are not guaranteed and actual re (target only — not a forecast or guarantee; capital is at risk). IM watermarked no longer current (see 20 Nov 2025 notice of meeting).
Who manages Centuria Value-Add Fund No. 2?
Centuria Value-Add Fund No. 2 is managed by Centuria (FSPR FSP209185, NZBN 9429047901674) based in Auckland. Manager registration on the Financial Service Providers Register is a legal requirement under the Financial Service Providers (Registration and Dispute Resolution) Act 2008 and does not itself constitute an endorsement.
What asset class is Centuria Value-Add Fund No. 2?
Centuria Value-Add Fund No. 2 is classified as Property on Wholesale Investor NZ. Asset-class classification reflects the fund's stated investment focus per its Information Memorandum and is provided for navigation purposes only — review the IM for the full strategy and risk profile.
Is Centuria Value-Add Fund No. 2 evergreen or a closed-end fund?
Centuria Value-Add Fund No. 2 is a closed-end fund — it raises capital during a defined vintage window and runs to fund maturity. Capital is typically returned via distributions during operation and a final wind-up at fund maturity. Check whether a current vintage is open before applying.
What is the minimum investment in Centuria Value-Add Fund No. 2?
The minimum investment is NZ$100K per the fund's current Information Memorandum. Minimums may change for new vintages or at manager discretion — confirm the current minimum directly with the manager before subscribing.
Is Centuria Value-Add Fund No. 2 wholesale-only?
Yes — Centuria Value-Add Fund No. 2 is offered on a wholesale-only basis under Schedule 1 of the Financial Markets Conduct Act 2013. Subscription requires self-certification under one of the seven Schedule 1 pathways (typically the NZ$5M net-assets "large person" pathway or an accountant- or lawyer-signed eligible-investor certificate per Clauses 38-40). Wholesale-only funds do not publish a retail Product Disclosure Statement and do not appear on the Disclose Register.
Is Centuria Value-Add Fund No. 2 a Limited Partnership?
Centuria Value-Add Fund No. 2 is structured as a Limited Partnership (LP). LP income flows through to the investor and is taxed at the investor's marginal rate (up to 39% above NZ$180,000 of taxable income for 2024-25). Investors receive IR7 partnership tax statements annually and report the income on their personal IR3 return. The LP structure is common for private equity, venture capital, and direct-property syndicates in New Zealand.
What is the target return for Centuria Value-Add Fund No. 2?
Per the fund's current Information Memorandum, the target return is: "Manager states target of 13% annualised pre-tax return on an after-fees basis over a two-year term; returns are not guaranteed and actual returns may vary". Target returns are forward-looking projections set by the manager and are not guarantees of future performance. Actual returns may differ materially from target. Review the IM's full target-return language, fee deductions, and accompanying risk factors before relying on this figure.
Where can I read the IM or PDS for Centuria Value-Add Fund No. 2?
Centuria Value-Add Fund No. 2 has a public Information Memorandum (IM) linked from its Wholesale Investor NZ profile page. Documents are sourced from the manager's own published disclosures. Some wholesale funds gate full disclosure behind a wholesale-investor self-certification — review the document index on the fund page and contact the manager if a specific document is not surfaced.