Achieving significant leasing and solid rental growth across our assets has delivered another strong result for Precinct in the first half of the 2020 financial year. Both our portfolio and balance sheet are in a great position. The high occupancy levels achieved across Precinct’s portfolio reflects the strong demand for city centre office space in the markets we are invested in, Auckland and Wellington.
Scott Pritchard, CEO, Precinct Properties
Highlights.
$53.6m
Total comprehensive income after tax
$67.9m
Gross property income
99%
Occupancy
$150m
Bank debt refinanced (post balance date)
FY20 Interim Results Webcast
Thursday, February 20, 2020, 10:00am NZT