{"id":134917,"date":"2023-02-23T04:35:51","date_gmt":"2023-02-22T21:35:51","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/precinct-properties-nz-drives-up-revenue-but-devaluations-push-profit-down\/"},"modified":"2023-02-23T04:52:18","modified_gmt":"2023-02-22T21:52:18","slug":"precinct-properties-nz-drives-up-revenue-but-devaluations-push-profit-down","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/precinct-properties-nz-drives-up-revenue-but-devaluations-push-profit-down\/","title":{"rendered":"Precinct Properties NZ drives up revenue but devaluations push profit down"},"content":{"rendered":"<p>&#013;<br \/>\nBig Auckland downtown retail complex and Defence House in Wellington were devalued.&#013;<br \/>\n&#013;<br \/>\nSource : nzherald.co.nz\/Property&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.nzherald.co.nz\/business\/precinct-properties-nz-drives-up-revenue-but-devaluations-push-profit-down\/S2CJYAYYE5DTBOFEUGH34PUNNM\/\" target=\"_blank\" rel=\"noopener\">Precinct Properties NZ drives up revenue but devaluations push profit down<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Big Auckland downtown retail complex and Defence House in Wellington were devalued.&#013; &#013; Source :&#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-134917","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-z65","jetpack-related-posts":[{"id":170640,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/precinct-properties-profit-drops-on-property-devaluations-as-auckland-tower-advances\/","url_meta":{"origin":134917,"position":0},"title":"Precinct Properties profit drops on property devaluations as Auckland tower advances","date":"February 26, 2026","format":false,"excerpt":"\r Precinct has 97% occupancy in its portfolio. Planning new 56-level Auckland twin-towers.\r \r Source : nzherald.co.nz\/Property\r Read more...Precinct Properties profit drops on property devaluations as Auckland tower advances","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":134917,"position":1},"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":140418,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/devaluations-push-goodman-property-trust-to-153-4m-loss\/","url_meta":{"origin":134917,"position":2},"title":"Devaluations push Goodman Property Trust to $153.4m loss","date":"November 23, 2023","format":false,"excerpt":"\r Movement in fair value of investment properties: on profit and loss account at $226.5m.\r \r Source : nzherald.co.nz\/Property\r Read more...Devaluations push Goodman Property Trust to 3.4m loss","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123466,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-devaluations-push-radius-residential-interim-profit-down-from-2-1m-to-1-3m\/","url_meta":{"origin":134917,"position":3},"title":"Property devaluations push Radius Residential interim profit down from $2.1m to $1.3m","date":"November 29, 2021","format":false,"excerpt":"\r Newly-listed rest home specialist Radius Residential Care made $1.3 million net profit after tax in its latest half-year, down on the previous $2.1m due largely to falling revaluations. Revenue rose from $59.4m in the September...\r \r Source : nzherald.co.nz\/Property\r Read more...Property devaluations push Radius Residential interim profit down from\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172450,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/precinct-properties-aims-for-50-office-pre-commitment-of-auckland-downtown-carpark-towers\/","url_meta":{"origin":134917,"position":4},"title":"Precinct Properties aims for 50% office pre-commitment of Auckland Downtown Carpark towers","date":"August 27, 2026","format":false,"excerpt":"\r Property devaluations pushed the company to an $8.2m net after-tax annual loss.\r \r Source : nzherald.co.nz\/Property\r Read more...Precinct Properties aims for 50% office pre-commitment of Auckland Downtown Carpark towers","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140458,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kiwi-property-group-losses-diminish-devaluations-less-brutal-for-3b-landlord\/","url_meta":{"origin":134917,"position":5},"title":"Kiwi Property Group losses diminish, devaluations less brutal for $3b landlord","date":"November 27, 2023","format":false,"excerpt":"\r Business has sold properties lately at Westgate and for Ikea's first store here.\r \r Source : nzherald.co.nz\/Property\r Read more...Kiwi Property Group losses diminish, devaluations less brutal for b landlord","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\/134917"}],"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=134917"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/134917\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=134917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=134917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=134917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}