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Precinct Properties Reports Stable FY26 with Record Leasing and $2.2b Capital Partnerships
6:30am on Thursday 27th of August, 2026 AEST
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Real Estate
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Precinct Properties Reports Stable FY26 with Record Leasing and $2.2b Capital Partnerships
6:30am on Thursday 27th of August, 2026 AEST
Key Points
Record leasing volume of 37,850 sqm with 9.9% rental growth on new leases
Capital partnerships grew by $800 million to $2.2 billion committed value
Portfolio occupancy steady at 97% with lease terms extended to 7.1 years
Completed $0.5 billion in developments including 55 Molesworth Street
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Precinct Prop NZ Ltd & Invest (NZX:PCT)
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