The A-grade commercial building in the heart of the Wellington CBD has been sold to a New Zealand buyer who remains confidential at this stage.
The property trust forecast a dividend of 5.4 cents per share for the 2016 financial year.
The company agreed to sell its 171 Featherston St building to an undisclosed party for $76m.
Precinct sold 80 The Terrace, valued at $37.1 million as at December 31.
Significant step in City Rail Link with announcement of contractors.
The underground $2.4 billion city rail line will link Britomart and the city centre with the existing western line near Mt Eden.
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