{"id":128710,"date":"2022-08-18T06:53:02","date_gmt":"2022-08-17T23:53:02","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/3-3b-landlord-precinct-properties-net-profit-falls-29-property-income-dividends-up\/"},"modified":"2022-08-18T07:26:24","modified_gmt":"2022-08-18T00:26:24","slug":"3-3b-landlord-precinct-properties-net-profit-falls-29-property-income-dividends-up","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/3-3b-landlord-precinct-properties-net-profit-falls-29-property-income-dividends-up\/","title":{"rendered":"$3.3b landlord Precinct Properties&#039; net profit falls 29%: property income, dividends up"},"content":{"rendered":"<p>&#013;<br \/>\nA 93 per cent unrealised change in the value of Precinct Properties&#8217; 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&#8217;s owner gave $8.3 million&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : nzherald.co.nz\/Property&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.nzherald.co.nz\/property\/news\/article.cfm?c_id=8&amp;objectid=12545864&amp;ref=rss\" target=\"_blank\" rel=\"noopener\">.3b landlord Precinct Properties&#8217; net profit falls 29%: property income, dividends up<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; A 93 per cent unrealised change in the value of Precinct Properties&#8217; portfolio pushed net&#46;&#46;&#46;<\/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-128710","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-xtY","jetpack-related-posts":[{"id":118208,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/income-up-but-precinct-properties-nzs-valuations-hit-by-pandemic-drop-66-3m\/","url_meta":{"origin":128710,"position":0},"title":"Income up but Precinct Properties NZ&#039;s valuations hit by pandemic, drop $66.3m","date":"August 13, 2020","format":false,"excerpt":"\r Precinct Properties' operating income rose in the past year but net profit after tax fell due to devaluations from the pandemic, particularly on big inner-city Auckland office blocks.The NZX-listed landlord with real estate valued...\r \r Source : nzherald.co.nz\/Property\r Read more...Income up but Precinct Properties NZ's valuations hit by pandemic,\u2026","rel":"","context":"In &quot;Property News&quot;","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":128710,"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23229,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/profit-up-13pc-for-precinct-properties\/","url_meta":{"origin":128710,"position":2},"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 &quot;Property News&quot;","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":128710,"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114391,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/big-leasing-deals-push-up-precinct-revenue-net-profit-more-than-doubles\/","url_meta":{"origin":128710,"position":4},"title":"Big leasing deals push up Precinct revenue, net profit more than doubles","date":"February 20, 2020","format":false,"excerpt":"\r Listed landlord Precinct Properties has pushed up revenue and more than doubled net profit after tax following leasing successes in its first half-year.Chief executive Scott Pritchard chief described how revenue rose from $64.6m...\r \r Source : nzherald.co.nz\/Property\r Read more...Big leasing deals push up Precinct revenue, net profit more than\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121386,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/commercial-bay-owner-precinct-properties-sees-profit-lift-290m-on-valuation-gains\/","url_meta":{"origin":128710,"position":5},"title":"Commercial Bay owner Precinct Properties sees profit lift $290m on valuation gains","date":"August 12, 2021","format":false,"excerpt":"\r Precinct 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...\r \r Source : nzherald.co.nz\/Property\r Read more...Commercial Bay owner Precinct Properties\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/128710"}],"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=128710"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/128710\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=128710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=128710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=128710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}