Precinct Properties

Precinct Properties New Zealand is a real estate investment company with a focus on A-grade commercial office property in NZ. The company owns, manages and develops city centre properties, with a focus on the Auckland and Wellington regions. In 2020, Precinct had a real estate portfolio valued at $3 billion.

Over the years the company has gone through a series of name changes, the original entity AMP NZ Office Trust was listed on the NZX in 1997. Scott Pritchard has led the company as CEO since 2010.


Company Details

Registered Office: Level 12, 188 Quay Street, Auckland 1010
Postal Address: PO Box 5140, Wellesley Street, Auckland 1141
Telephone: +6499271647
Facsimile: +6444942100
Website: http://www.precinct.co.nz
First Listed: 18/12/1997
Balance Date: 30 June
AGM: 14/11/2023

Directors and Executives

George Crawford
Chief Operating Officer
Nicola Greer
Independent Director
Richard Hilder
Chief Financial Officer
Chris Judd
Independent Director
Chris Meads
Independent Director
Scott Pritchard
Chief Executive Officer
Louise Rooney
Company Secretary
Mark Tume
Independent Director
Anne Urlwin
Chair
Graeme Wong
Independent Director

Announcements

Title Date Type
Precinct FY24 Annual Results and Webcast Details Thu, Jul 18 2024 09:08 am GENERAL
Capital Change Notice – issue of securities under LTI Plan Mon, Jul 01 2024 02:55 pm SECISSUE
Ongoing Disclosure Notice - Chris Meads Tue, Jun 25 2024 01:01 pm SHINTR
Ongoing Disclosure Notice – Anne Urlwin Fri, Jun 21 2024 11:24 am SHINTR
SPH Notice - Harbour Asset Management Limited Fri, Jun 07 2024 05:19 pm SHINTR
Quarterly Report June 2024 Fri, Jun 07 2024 08:44 am MKTUPDTE
PCT Investor Presentation Wed, Jun 05 2024 10:45 am GENERAL
PCT advances living strategy Wed, Jun 05 2024 08:49 am MKTUPDTE
Precinct FY24 Third Quarter Dividends Tue, May 14 2024 01:03 pm CORPACT
SPH Notice - FirstCape Group Limited Wed, May 01 2024 04:58 pm SHINTR

Major Holdings Announcements

Date Name No. Held % Current
15/08/23 Haumi Company Limited (acting in it 237,889,419 - 15.00
01/06/23 Accident Compensation Corporation 125,543,303 6.79 7.92
29/09/22 ANZ New Zealand Investments Limited 116,735,007 8.39 7.36
14/10/21 Jarden Securities Limited and Harbo 78,560,650 2.81 4.96
29/09/21 AMP Capital Investors (New Zealand) 236,071,201 - 14.89
24/06/21 Haumi, Platinum, HDAL and ADIA 237,889,419 - 16.31
07/04/21 Harbour Asset Management Limited an 7,451,000 4.98 4.97
03/09/19 ANZ New Zealand Investments Limited 143,128,503 11.94 10.90
27/02/19 AMP Capital Investors International 257,079,955 18.77 19.79
22/02/19 Haumi, HIP and ADIA 230,394,666 19.04 17.74
08/06/17 ANZ NZ Investments Ltd and ANZ Bank 118,916,047 8.98 9.82

Director’s Interests Announcements

Date Name No. Held % Details Other
08/11/23 George Edward James Cra 456,823 - - -
08/09/23 Scott Pritchard 876,460 - - -
08/09/23 Richard Adam Hilder 534,401 - - -
30/11/22 Anne June Urlwin 61,126 - - -
30/08/22 Mark Tume 20,261 - - -
04/10/21 Graeme Wong 118,498 - - -
15/07/21 Launa Inman 45,522 - - -
22/03/19 Donald William Huse 600,000 - - -
20/03/19 Edward John Timmins 5,000 - - -
04/12/18 Robert James Campbell 457,002 - - -

Analysts’ Forecasts

profit2021 profit2022 eps2021 dps2021 sales2021 ebit2021 ebitda2021
mean -157.1 7.1 6.8 154.2 153.5 153.5
high -157.1 7.1 6.8 154.2 153.5 153.5
low -157.1 7.1 6.8 154.2 153.5 153.5
sample 1 0 1 1 1 1 1

Disclaimer

Data on this page is from BusinessDesk and NZX Ltd for information purposes only. Details are believed to be accurate but no warranty is given as to accuracy, timeliness, reliability or completeness. No person should rely on the contents of the report and all persons should obtain independent professional advice before acting on any information connected with or contained in this report.
Last Updated: 15/12/2023


Markets News

NZ sharemarket down 0.38%
Markets Market close

NZ sharemarket down 0.38%

The S&P/NZX 50 Index closed at the day’s low of 12,349.47, down 46.79 points or 0.38%.

Graham Skellern 26 Jul 2024
Markets

Forsyth Barr initiates full Turners coverage

Forsyth Barr says a premium valuation is now warranted. 

Rebecca Howard 26 Jul 2024
Forsyth Barr initiates full Turners coverage
Economy

The kiwi dollar is falling prey to the bears

The only worst performer is the Norwegian krone.

Rebecca Howard 26 Jul 2024
The kiwi dollar is falling prey to the bears
Retail Charts

The Warehouse’s plight in five charts

The private equity bid shows the company’s future is still anyone’s guess.

Gregor Thompson 26 Jul 2024
The Warehouse’s plight in five charts
Markets Market close

NZ sharemarket down over 1%

The S&P/NZX 50 Index closed at 12,396.27, down 134.72 points or 1.08%.

Graham Skellern 25 Jul 2024
NZ sharemarket down over 1%