Precinct Properties

Precinct Properties chief executive Scott Pritchard says there are constraints in the labour market.

Precinct keeping eye on Fletcher's performance on Commercial Bay

Wed 28 Feb

Commercial Bay retail premises scheduled for a December finish are likely to be delayed.

Associate Judge Warwick Smith presided over the High Court case.

Corporates' rent arrears stoush heads to Court of Appeal

Mon 19 Feb

Argument over whether lease is terminated.

Associate Judge Warwick Smith says Precinct "has never elected to refer the rent claim to arbitration.”

Rent arrears row leads to bitter dispute between Precinct Properties and OMV

Wed 6 Dec

Office tower's lower earthquake rating leads to row over "untenantable premises."

Precinct Properties chairman Craig Stobo

Precinct raises $100m in oversubscribed bond, rate set at 4.42%

Fri 17 Nov 13

The funds raised will repay bank debt and be used for corporate purposes.

Chairman Craig Stobo said "Diversifying our funding sources remains a core component of Precinct’s capital management strategy"

Precinct Properties to raise $100m in 7-year bond

Mon 13 Nov 2

The indicative margin is 150-to-160 basis points above the seven-year swap rate.

Chairman Craig Stobo said "Diversifying our funding sources remains a core component of Precinct’s capital management strategy"

Precinct considers bond offer, lifts first-quarter dividend

Thu 9 Nov 15

Precinct increased annual profit 17% to $162.1 million in the latest financial year ended June 30.

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