Augusta Penrose Limited, managed by Augusta Capital Limited, agreed to acquire Visy Facility in Auckland from Visy for approximately NZD 180 million on October 22, 2020. Centuria also announced a AUD 100 (NZD 106.9) million equity raise to fund the purchase. The transaction is subject to approval by Overseas Investment Office and is expected to be completed by February 26, 2021. Augusta Penrose Limited, managed by Augusta Capital Limited, completed the acquisition of Visy Facility in Auckland from Visy on March 1, 2021.