Precinct Properties New Zealand Limited (PCT.NZ)
Precinct Properties New Zealand Limited operates in the REIT - Diversified industry of the Real Estate sector, headquartered in Auckland, AUK, NZ. The stock last traded at $1.06, up 0.95% on the session, giving a market capitalisation of $1.96B. Its beta of 0.45 implies it has historically moved less than the broad market.
As New Zealand's sole listed company specializing in city-centre real estate, Precinct primarily invests in high-quality commercial office buildings. Listed on the NZX Main Board, PCT boasts a significant property portfolio across Auckland, including the PwC Tower, AMP Centre, a 50% stake in the ANZ Centre, Jarden House, HSBC House, the Mason Bros. Building, 12 Madden Street, 10 Madden Street, and Commercial Bay. Its Wellington assets comprise the AON Centre, NTT Tower, No. 1 and No. 3 The Terrace, Mayfair House, and the Bowen Campus. Beyond its traditional property assets, Precinct also owns Generator NZ, New Zealand's premier flexible workspace provider, which currently manages 13,600 square metres of space spread across four Auckland sites.
Precinct Properties New Zealand Limited is most often compared with the following Real Estate names: