Brief: Precinct Properties NZ Announces Sale Of Pwc Tower
16/06/2026 02:41
BRIEF-Precinct Properties NZ Announces Sale Of Pwc Tower June 16 (Reuters) - Precinct Properties New Zealand Ltd PCT.NZ:
SALE OF PWC TOWER TO NEW INVESTMENT PARTNERSHIP
PWC TOWER DEAL VALUED AT NZ$600 MILLION
TO ACT AS INVESTMENT AND ASSET MANAGER ON BEHALF OF NEW PARTNERSHIP WITH MARKET FEE ARRANGEMENT IN PLACE
PARTNERED WITH MAIN CONTRACTOR, BUILT, TO UNDERTAKE EARLY CONTRACTOR INVOLVEMENT FOR DOWNTOWN PROJECT
TO SELL 50% INTEREST IN PWC TOWER AND ESTABLISH PARTNERSHIP WITH PAG
Further company coverage: PCT.NZ
((Reuters.Briefs@thomsonreuters.com;))
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