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
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
SPH Notice - Milford Asset Management Limited Wed, Nov 13 2024 08:40 am SHINTR
Precinct Properties (“PCT020”) – Maturity Thu, Nov 07 2024 01:34 pm MEMO
PCT020 Maturity Thu, Nov 07 2024 08:45 am CORPACT
PCT Climate Related Disclosures 2024 Fri, Oct 18 2024 12:04 pm GENERAL
Precinct NZ $75 million Wholesale Green Bond Issue Fri, Oct 18 2024 11:19 am GENERAL
PCT Notice of Meeting 2024 Mon, Oct 14 2024 09:48 am MEETING
Initial Disclosure Notice - Alison Barrass Mon, Oct 07 2024 08:58 am 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


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