Precinct Properties NZ Ltd, founded in 1997 and based in Auckland, specializes in high-quality commercial property investment and development within New Zealand's metropolitan regions. The company focuses on creating and managing innovative office spaces and is dedicated to enhancing urban environments through sustainable practices and robust property portfolios.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PCTNZ 2.85% 2027-05-28 NZDPrecinct Properties NZ Ltd & Precinct Properties Investments Ltd | New Zealand | 2027-05-28 | 2.850 | 3.77 |
| PCTNZ 5.25% 2028-05-09 NZDPrecinct Properties NZ Ltd & Precinct Properties Investments Ltd | New Zealand | 2028-05-09 | 5.250 | 4.24 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Precinct Properties has actively engaged in the bond market, issuing its first public bond in 2014 to fund its ambitious development pipeline. Noteworthy issuances include the NZD 150 million bond in September 2020, which helped finance major projects while capitalizing on historically low interest rates. As of late 2023, the yields on Precinct's bonds are competitive within the property sector, reflecting strong investor confidence, particularly following the introduction of sustainability-linked bonds aimed at supporting environmentally responsible projects.