NZ Herald15 Jun, 2026 09:25 PM2 mins to readPrecinct built the PwC Tower at Commercial Bay and is now selling a 50% stake. Photo / suppliedPrecinct built the PwC Tower at Commercial Bay and is now selling a 50% stake. Photo / suppliedCommercial landlord and developer Precinct Properties says it has agreed to sell a half share in its PwC tower in downtown Auckland and form a new investment partnership with global investor PAG.
The deal, valued at $600 million, will see Precinct retain ownership of a significant
