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Precinct sells half of PwC tower stake in $600m deal with PAG

Proceeds will cut Precinct’s gearing to 24% by the end of 2025.

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nzherald.co.nz

rnz.co.nz

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nzherald.co.nzStai leggendo1 mese fa

Precinct sells half of PwC tower stake in $600m deal with PAG

Proceeds will cut Precinct’s gearing to 24% by the end of 2025.

originale

rnz.co.nz1 mese fa

Half of Auckland's PWC Tower to sell, valued at $600m

The $300m investment by Hong Kong-based global investment firm PAG would also establish an investment vehicle for global investments in partnership with Precinct Properties.

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Timeline cronologica

lunedì 15 giugno 2026·nzherald.co.nz
Precinct sells half of PwC tower stake in $600m deal with PAG
Proceeds will cut Precinct’s gearing to 24% by the end of 2025.
martedì 16 giugno 2026·rnz.co.nz
Half of Auckland's PWC Tower to sell, valued at $600m
The $300m investment by Hong Kong-based global investment firm PAG would also establish an investment vehicle for global investments in partnership with Precinct Properties.