Strong result positions PCT for the next phase. Chair's report
Internalising the management of Precinct positions our business to deliver on the next phase of its strategy. We are committed to the long-term success of Precinct.
Craig Stobo, Precinct Independent Director and Chair
Precinct has delivered strong results during the 2021 financial year. While businesses and people continue to be impacted by COVID-19, overall portfolio valuations have improved vastly since last year. Precinct’s full year revaluation recorded a significant gain of $282.9 million or 9.3% for the period, reinforcing the strong investment demand for premium inner-city space.
Craig Stobo
Precinct Independent Director and Chair
Highlights.
98%
Occupancy
3.2%
Increase in dividend
$250m
Equity raised through successful equity issue
$150m
6 year Green Bond issued
FY21 Results Webcast.
Thursday, August 12, 2021, 10:00am NZT