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Acquired in June 2025, Manukau Supa Centa New Zealand’s second-largest large-format retail centre. Occupying a 9.8-hectare site on the corner of Lambie and Cavendish Drives in Auckland, the 39,000 square metre centre is one of the city’s most dominant retail destinations. It is 100% leased, and home to 44 tenants, including a high-quality mix of national and international retailers. Anchor tenants include Kmart, Briscoes, Baby Bunting, Noel Leeming and Rebel Sport. The centre’s Kmart is among the top-performing stores across the brand’s Australasian network and operates 24 hours a day.

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Acquired in 2025, 90 Devonport Road is the largest modern mass timber commercial building in New Zealand. There is a 15-year net lease in place with Tauranga City Council for the entire building. The building is 6 Green Star rated and is targeting an all-of-life embodied carbon reduction of more than 60%, and a 5 star NABERS rating. It was named the Supreme Award winner at the 2026 New Zealand Property Industry Awards, while also winning Best in Category honours in the Commercial Office and Sustainable Building categories.

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Acquired in 2020, 484 Nayland Road is home to T&G Global, one of the largest growers of fresh produce in New Zealand. The eight hectare site accommodates the majority of T&G’s post-harvest operations in the Nelson region, including its packhouse and most of its associated cool stores. T&G Fresh’s domestic Nelson operations are also based at the site.

Property Details

1 Fraser Street is large stand-alone industrial site with a net lease in place to NZX-listed Fonterra Limited. Located adjacent to Timaru Port in South Canterbury, it is a core site for Fonterra, used to store milk powder from the nearby Clandeboye dairy processing plant.

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