Following the announcement made on 9 February 2021, Precinct Properties New Zealand Limited (Precinct) (NZX: PCT) is pleased to announce that the conditions of sale for the remaining 50% interest in the ANZ Centre have now been satisfied and accordingly the agreement is now unconditional.
Settlement is scheduled for mid-May 2021.
It is the biggest fall this calendar year.
Both businesses were part of its A$1.16b LifeHealthcare acquisition.
The Warehouse Group and KMD Brands have both downgraded guidance in recent weeks.
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