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Investment
4 mins to read

Precinct sells buildings into partnership with Singapore's investment arm

Precinct expects its full-year dividend will exceed 100% of AFFO due to tenant support.

Wed, 23 Feb 2022

Alongside announcing its half-year results this morning, NZX-listed Precinct Property said it had entered into a potentially $1 billion partnership with the Singapore sovereign wealth fund.

The partnership with Singapore sovereign wealth fund GIC will acquire three Wellington and two Auckland

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Company profile
Powered by: nzx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Related News
Property

Precinct rent relief through pandemic tops $10m
Property
3

Deloitte signs 20-year lease for new Precinct development
Precinct sells buildings into partnership with Singapore's investment arm
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