Precinct chief executive Scott Pritchard said all retail investors could receive at least their pro-rata share of the new shares.
Property investors are still staying away from the housing market in droves.
Developer Auckland Real Estate has flown under the radar in Auckland, but has acquired 10 key properties in five years.
Banks are making it a bit easier for small apartment dwellers with a relaxation of deposit requirements for apartments previously considered too risky.
Infrastructure Editor
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articles by Oliver