{"id":35310,"date":"2016-11-21T08:36:24","date_gmt":"2016-11-21T01:36:24","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/watch-850m-project-preparing-for-nzs-biggest-commercial-development\/"},"modified":"2016-11-22T12:53:28","modified_gmt":"2016-11-22T05:53:28","slug":"watch-850m-project-preparing-for-nzs-biggest-commercial-development","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/watch-850m-project-preparing-for-nzs-biggest-commercial-development\/","title":{"rendered":"Watch $850m project: preparing for NZ&#039;s biggest commercial development"},"content":{"rendered":"<p>&#013;<br \/>\nDemolition of Auckland&#8217;s Downtown shopping centre is finishing and earthworks are beginning for the $850 million Commercial Bay office\/shopping\/dining precinct in the CBD.In a video just released, Precinct Properties chief executive&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : nzherald.co.nz\/Property&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.nzherald.co.nz\/property\/news\/article.cfm?c_id=8&amp;objectid=11752149&amp;ref=rss\" target=\"_blank\">Watch 0m project: preparing for NZ&#8217;s biggest commercial development<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Demolition of Auckland&#8217;s Downtown shopping centre is finishing and earthworks are beginning for the $850&#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-35310","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\/p75ss1-9bw","jetpack-related-posts":[{"id":149718,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/precinct-to-sell-intercontinental-auckland-to-singaporeans-for-180m-in-nzs-biggest-hotel-deal\/","url_meta":{"origin":35310,"position":0},"title":"Precinct to sell InterContinental Auckland to Singaporeans for $180m in NZ\u2019s biggest hotel deal","date":"March 5, 2025","format":false,"excerpt":"\r Precinct bought the building in 2012 then undertook a massive $310m renovation of it.\r \r Source : nzherald.co.nz\/Property\r Read more...Precinct to sell InterContinental Auckland to Singaporeans for 0m in NZ\u2019s biggest hotel deal","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117442,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nzs-biggest-corporate-shift-starts-next-month-precinct-names-moving-date-for-3400-tenants\/","url_meta":{"origin":35310,"position":1},"title":"NZ&#039;s biggest corporate shift starts next month: Precinct names moving date for 3400 tenants","date":"June 30, 2020","format":false,"excerpt":"\r New Zealand's biggest corporate relocation will begin later next month when 3200 people will begin moving into the new $1 billion PwC Tower on Auckland's waterfront.Scott Pritchard, chief executive of NZX listed Precinct Properties,...\r \r Source : nzherald.co.nz\/Property\r Read more...NZ's biggest corporate shift starts next month: Precinct names moving\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":35310,"position":2},"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":[]},{"id":71933,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/watch-nzs-tallest-new-office-block-a-third-of-the-way-up\/","url_meta":{"origin":35310,"position":3},"title":"Watch: NZ&#039;s tallest new office block a third of the way up","date":"November 14, 2017","format":false,"excerpt":"\r Auckland's $941 million Commercial Bay project is more than a third of the way up, with Fletcher Construction having built 16 of the planned 39 levels of the new office tower.Scott Pritchard, chief executive of Precinct Properties...\r \r Source : nzherald.co.nz\/Property\r Read more...Watch: NZ's tallest new office block a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":162731,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/icon-wins-201m-precinct-properties-contract-for-nzs-tallest-new-student-accommodation-tower\/","url_meta":{"origin":35310,"position":4},"title":"Icon wins $201m Precinct Properties\u2019 contract for NZ\u2019s tallest new student accommodation tower","date":"October 16, 2025","format":false,"excerpt":"\r This week's $310m equity raise to repay bank debt and fund the construction of tower.\r \r Source : nzherald.co.nz\/Property\r Read more...Icon wins 1m Precinct Properties\u2019 contract for NZ\u2019s tallest new student accommodation tower","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":35310,"position":5},"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 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