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
Ongoing Disclosure Notice - Nicola Greer Thu, Feb 27 2025 08:30 am SHINTR
Precinct FY25 first half result Thu, Feb 20 2025 08:40 am HALFYR
SPH Notice - ANZ New Zealand Investments Limited Fri, Feb 14 2025 05:22 pm SHINTR
40 and 44 Bowen Street sale Tue, Feb 04 2025 12:31 pm GENERAL
Precinct FY25 Interim Results and Webcast Details Tue, Jan 21 2025 09:25 am GENERAL
SPH Notice - Forsyth Barr Investment Management Limited Tue, Jan 14 2025 02:16 pm SHINTR
Quarterly Update December 2024 Fri, Dec 13 2024 08:37 am MKTUPDTE
PCT 2024 Annual Meetings of Shareholders – Voting Results Fri, Nov 15 2024 02:10 pm MEETING
Precinct 2024 Annual Meeting of Shareholders Fri, Nov 15 2024 10:46 am GENERAL
Precinct FY25 First Quarter Dividends Fri, Nov 15 2024 10:02 am CORPACT

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 0.6% on eve of US tariffs
Markets Market Close

NZ sharemarket down 0.6% on eve of US tariffs

The S&P/NZX 50 Index closed down 0.64% or 80.34 points, falling to 12,469.71.

Markets

Lights, camera, cloud: Vista's blockbuster move

Cinema software firm says strong movie slate is giving customers confidence.

Lights, camera, cloud: Vista's blockbuster move
Primary Sector

Rolling out the carpet for the battle of Bremworth

Shareholders Association wants both sides to work it out.

Rolling out the carpet for the battle of Bremworth
Markets Market Close

NZ sharemarket down amid Bremworth coup, NZME stake

The S&P/NZX 50 Index closed at 12,550.05, down 51.37 points or 0.41%.

Graham Skellern 03 Mar 2025
NZ sharemarket down amid Bremworth coup, NZME stake
Primary Sector

Bremworth coup: group of shareholders wants board sacked

The group, led by Rob Hewett, believes it has support from 35% of shareholders.

Riley Kennedy 03 Mar 2025
Bremworth coup: group of shareholders wants board sacked