Precinct Properties New Zealand traded at 1.16 this Tuesday February 3rd. Looking back, over the last four weeks, Precinct Properties New Zealand lost 3.35 percent. Over the last 12 months, its price fell by 5.33 percent. Looking ahead, we forecast Precinct Properties New Zealand to be priced at 1.14 by the end of this quarter and at 1.08 in one year, according to Trading Economics global macro models projections and analysts expectations.
Precinct Properties New Zealand Limited is engaged in investing prime central business district (CBD) properties in New Zealand. The Company owns inner-city business space in Auckland and Wellington. The Company's property comprises over 300,000 square meters over approximately 10 buildings. The Company's Aukland and Wellington properties include AMP Centre, ANZ Centre, Bowen Campus, Central on Midland Park, Deloitte House, HSBC House, Mason Brothers Building, Mayfair House, PwC Tower, Pastoral House, State Insurance Tower, Zurich House, 1-3 The Terrace, 12 Madden Street and 157 Lambton Quay. The Company offers its buildings to the businesses and government organizations, including Air New Zealand, ANZ, Microsoft, PwC, The Treasury, State Insurance and Zurich. The Company's site in Wynyard Quarter comprises approximately 1.1 hectares of land area and focuses on developing over 46,000 square meters. The Company is managed by AMP Haumi Management Limited.