{"id":121386,"date":"2021-08-12T04:00:00","date_gmt":"2021-08-11T21:00:00","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/commercial-bay-owner-precinct-properties-sees-profit-lift-290m-on-valuation-gains\/"},"modified":"2021-08-12T05:06:15","modified_gmt":"2021-08-11T22:06:15","slug":"commercial-bay-owner-precinct-properties-sees-profit-lift-290m-on-valuation-gains","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/commercial-bay-owner-precinct-properties-sees-profit-lift-290m-on-valuation-gains\/","title":{"rendered":"Commercial Bay owner Precinct Properties sees profit lift $290m on valuation gains"},"content":{"rendered":"


\nPrecinct Properties NZ’s portfolio has been valued up by $282.9 million, helping push up net profit by 411 per cent.Operating income before expenses also rose from $105m to $127.7m in the year to June 30, 2021 although the business…
\n
\nSource : nzherald.co.nz\/Property
\nRead more…Commercial Bay owner Precinct Properties sees profit lift 0m on valuation gains<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Precinct Properties NZ’s portfolio has been valued up by $282.9 million, helping push up net...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-121386","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vzQ","jetpack-related-posts":[{"id":23229,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/profit-up-13pc-for-precinct-properties\/","url_meta":{"origin":121386,"position":0},"title":"Profit up 13pc for Precinct Properties","date":"August 18, 2016","format":false,"excerpt":"\r Precinct Properties New Zealand, the listed commercial property investor, increased annual profit 13 per cent and lifted its guidance as it shifted its weighting to Auckland, where it sees long-term growth.Net profit rose to $138.2...\r \r Source : nzherald.co.nz\/Property\r Read more...Profit up 13pc for Precinct Properties","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149576,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/landlord-precinct-properties-gains-from-return-to-office-trend-with-profit-up\/","url_meta":{"origin":121386,"position":1},"title":"Landlord Precinct Properties gains from return-to-office trend with profit up","date":"February 20, 2025","format":false,"excerpt":"\r New leases in 1HY25 were 22.8% above previous contract rents, company said.\r \r Source : nzherald.co.nz\/Property\r Read more...Landlord Precinct Properties gains from return-to-office trend with profit up","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":159996,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/precinct-properties-revenue-profit-up-advancing-56-level-downtown-plans-new-hotel-announced\/","url_meta":{"origin":121386,"position":2},"title":"Precinct Properties\u2019 revenue, profit up: advancing 56-level Downtown plans, new hotel announced","date":"August 27, 2025","format":false,"excerpt":"\r Plans for 'capital recycling': sell part or all of the new PwC Tower in Commercial Bay.\r \r Source : nzherald.co.nz\/Property\r Read more...Precinct Properties\u2019 revenue, profit up: advancing 56-level Downtown plans, new hotel announced","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63872,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/precinct-properties-lifts-fy-profit-17pc-upbeat-on-development-pipeline-for-2018\/","url_meta":{"origin":121386,"position":3},"title":"Precinct Properties lifts FY profit 17pc, upbeat on development pipeline for 2018","date":"August 17, 2017","format":false,"excerpt":"\r Precinct Properties New Zealand, the listed commercial property investor, increased annual profit 17 per cent and was positive about the current financial year as it completes its development pipeline. It's also considering issuing...\r \r Source : nzherald.co.nz\/Property\r Read more...Precinct Properties lifts FY profit 17pc, upbeat on development pipeline for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128710,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/3-3b-landlord-precinct-properties-net-profit-falls-29-property-income-dividends-up\/","url_meta":{"origin":121386,"position":4},"title":"$3.3b landlord Precinct Properties' net profit falls 29%: property income, dividends up","date":"August 18, 2022","format":false,"excerpt":"\r A 93 per cent unrealised change in the value of Precinct Properties' portfolio pushed net after tax profit down 29 per cent annually but revenue rose 3 per cent and operating income was also up.Commercial Bay's owner gave $8.3 million...\r \r Source : nzherald.co.nz\/Property\r Read more....3b landlord Precinct Properties'\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104137,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/precinct-properties-commercial-bay-project-delayed-fletcher-payments-withheld\/","url_meta":{"origin":121386,"position":5},"title":"Precinct Properties' Commercial Bay project delayed: Fletcher payments withheld","date":"February 19, 2019","format":false,"excerpt":"\r Auckland's $1 billion office tower has hit further snags. Costs have risen and Fletcher Construction payments are being withheld at Precinct Properties' Commercial Bay office tower on Auckland's waterfront, but the business has...\r \r Source : nzherald.co.nz\/Property\r Read more...Precinct Properties' Commercial Bay project delayed: Fletcher payments withheld","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121386"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=121386"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121386\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=121386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=121386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=121386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}