Invest in assets that put fresh food on Australian’s tables while seeking to generate income into your portfolio. The Centuria Agriculture Fund offers exposure to essential agricultural property supporting fresh food production, combining long‑term leases, modern farming assets and active management.
6.5 cpu
distribution rate
(annualised)*
Monthly
distributions1
100%
tax deferral status
on distributions2
Quarterly
limited withdrawals3
*Monthly distribution rate to be paid for the month of March 2026, annualised. The monthly distribution rate is updated each month and is not a forecast or guarantee. Distributions are subject to the terms in the PDS and may be affected by a range of risks and costs. Past performance is not a reliable indicator of future performance. View the full historical performance.
Why investors are turning to Australian agriculture
Agricultural property is an essential real estate sector, underpinned by Australia’s ongoing demand for fresh food.
In today’s environment, where supply chain volatility, input cost pressures and climate variability present ongoing risks, assets supporting essential fresh food production are increasingly relevant.
The Centuria Agriculture Fund addresses these challenges by investing in high quality, diversified agricultural property and actively manages those assets, while farming operations are carried out by experienced operators.
For investors, this means access to:
- Essential real assets connected to fresh food production — a sector built around goods people rely on daily.
- Portfolio diversification, with agricultural property influenced by different drivers to traditional commercial property and equity markets.
- Potential for regular income, supported by long term lease arrangements with established operators, with Centuria intending to pay monthly distributions1.
- Modern agricultural assets, such as protected cropping glasshouses, where controlled growing environments are designed to support more consistent, year-round production and long-term asset use. This supports agricultural operations within a technology enabled, risk aware production environment.
- Long term structural themes, such as domestic food production, modern farming and food supply infrastructure including processing, storage and distribution facilities.
- Active management by Centuria’s specialist agriculture team, applying deep sector expertise across the portfolio.
Request a PDS
Complete the form to be emailed a copy of the Product Disclosure Statement (PDS).
Request a PDS
Did you know, the Fund owns 145.5 hectares4 of glasshouses?
Almost the size of 73 Melbourne Cricket Grounds! Built for year-round production and designed to help reduce the risks of extreme weather.
Agriculture demands specialist expertise
Agricultural property demands deep sector knowledge. The Fund is managed by a dedicated agriculture team led by Andrew Tout, Head of Agriculture — a sixth generation agriculturalist with more than 25 years’ experience.
The team also includes Kelvin McKeown, Fund Manager – Agriculture, who brings lifelong, hands on agricultural experience from growing up on a multi generation sheep farm in Southland, New Zealand. This depth of experience underpins how assets are selected, leased and managed over time.
Andrew Tout
Head of Agriculture
Kelvin McKeown
Fund Manager – Agriculture
Research ratings
The Centuria Agriculture Fund has Recommended ratings from Core Property Research5 and Lonsec Research6.
Looking to invest?
Looking to invest?
To receive a copy of the Centuria Agriculture Fund Product Disclosure Statement (PDS), please complete the form. The PDS will be sent to the email address you provide. IMPORTANT: You are expressing interest in investing in the Centuria Agricultural Fund (CAF) which invests in both agricultural real estate assets and may also invest in Operational Assets in the future (i.e. farm operations). CAF is likely to be appropriate for investors seeking capital growth and income distributions to be used as a satellite/small allocation or a minor allocation not exceeding 25% allocation within a portfolio. Investors should also have a long investment timeframe and medium risk/return profile. Whilst the Fund’s objective is to provide regular income distributions (with a proportion being tax deferred) and some capital growth, this does come with some risk predominately relating to property ownership, the tenant’s ability to meet its rental commitments and operational risk arising from farming operations. These risk factors can drive returns both positively and negatively. Whilst CAF does have a limited liquidity facility, liquidity is not guaranteed and investors should have a medium term investment horizon (5 years or more). CAF is not suitable for investors who might need immediate access to their capital. Please read the Target Market Determination. “*” indicates a required field.Request a PDS
1. Centuria intends to pay monthly distributions and will be subject to terms set out in the PDS. Distributions are not guaranteed.
2. Distributions will be 100% tax deferred for the next 2 years based on current portfolio. This may change and tax outcomes depend on your individual circumstances. You should seek independent tax advice.
3. Withdrawals are limited to the terms detailed in the Fund’s PDS and are subject to the Fund’s liquidity policy. The ability of the Fund to offer quarterly withdrawals is not guaranteed. The amount available to meet quarterly withdrawal requests will be up to 2.5% of the Net Asset Value of the Fund. If the aggregate value of withdrawal requests received exceeds the available fund, the Responsible Entity will scale back withdrawal requests on a pro rate basis. Refer to the PDS for full terms on withdrawal and liquidity.
4. As at March 2026.
5. Core Property ratings disclaimer: The Core Property rating (assigned in July 2024) presented in this document has been prepared and issued by Core Property Research Pty Ltd (“Core Property”), which is an Authorised Representative ASIC number 1280479 of Core Property Research Holdings Pty Ltd (ACN 633 170 751, AFS License No. 518320) (Licensee), and trading as Core Property. Whilst the information contained in the report has been prepared with all reasonable care from sources that Core Property believes are reliable, no responsibility or liability is accepted by Core Property for any errors, omissions or misstatements however caused. Past performance information is for illustrative purposes only and is not indicative of future performance. The Core Property publication is not and should not be construed as, an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. Any opinion contained in the Report is unsolicited general information only. Neither Core Property nor the Participant is aware that any recipient intends to rely on this Report or of the manner in which a recipient intends to use it. To access the full report, please visit www.coreprop.com.au. The rating is subject to change without notice and Core Property assumes no obligation to update the report.
6. Lonsec Research ratings disclaimer: The rating issued 06/2024 is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec). Ratings are general advice only, and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and Lonsec assumes no obligation to update. Lonsec uses objective criteria and receives a fee from the Fund Manager. Visit lonsec.com.au for ratings information and to access the full report. © 2023 Lonsec. All rights reserved.
Disclaimer: Centuria Property Funds Limited ABN 11 086 553 639 AFSL 231149 (Centuria) is the Responsible Entity for the Centuria Agriculture Fund (Fund): a stapled fund comprising the Centuria Agriculture Fund I ARSN 653 947 892 (CAF I) and the Centuria Agriculture Fund II ARSN 653 946 402 (CAF II). This information is general information only and does not take into account the objectives, financial situation or particular needs of any person. You should consider whether this information is appropriate for you and consult your financial or other professional adviser before investing.
You should obtain and read a copy of the Product Disclosure Statement (PDS) relating to the Fund before making a decision to invest. The PDS for the Fund is available from Centuria’s website (centuria.com.au). You can access a copy of this Fund’s Target Market Determination (TMD) document at: centuria.com.au/ddo/. Past performance is not a reliable indicator of future performance. All investments in unlisted property funds carry risk. As the Fund invests in commercial agriculture property it carries the market and property risks associated with investing in this sector, including climate and environmental risks, and operational risks from farming operations. As a geared investment, the Fund also carries associated financial and leverage risks. Risks can impact on distribution and capital returns over the term of the Fund. It is important that you read the PDS and understand the risks of investing. None of Centuria or any of their respective associates, related entities or directors guarantee the performance of the Fund or the repayment of monies invested.
Centuria and its associates will receive fees in relation to an investment in the Fund as disclosed in the PDS. Investment in the Fund is subject to risk including possible delays in payment, withdrawal restrictions or loss of income and principal invested. Centuria does not guarantee the performance of the Fund.
