Precinct Properties New Zealand Limited (AOTUF)
Precinct Properties New Zealand Limited operates in the REIT - Diversified industry of the Real Estate sector, headquartered in Auckland, AU, NZ. The stock last traded at $0.58, down 0.00% on the session, giving a market capitalisation of $1.07B. On trailing twelve-month figures it carries a trailing P/E of 375.00, a net margin of 1.7%. Its beta of 0.45 implies it has historically moved less than the broad market.
Precinct Properties New Zealand Limited, listed as PCT on the NZX Main Board, distinguishes itself as New Zealand's sole publicly traded entity dedicated exclusively to city centre real estate. Its investment strategy primarily targets premium and A-grade commercial office buildings. The company's impressive portfolio includes a number of landmark properties across Auckland: the PwC Tower, AMP Centre, Jarden House, HSBC House, Mason Bros. Building, 12 Madden Street, 10 Madden Street, and the extensive Commercial Bay development, along with a 50% ownership in the ANZ Centre. In Wellington, Precinct’s holdings feature the AON Centre, NTT Tower, No. 1 and No. 3 The Terrace, Mayfair House, and the Bowen Campus. Additionally, Precinct is the sole owner of Generator NZ, which stands as New Zealand's premier provider of flexible office spaces. Generator currently offers 13,600 square metres of adaptable workspace distributed across four key Auckland sites.
Precinct Properties New Zealand Limited is most often compared with the following Real Estate names: