Appeal could stymie Precinct Properties' $681 million downtown plans
Commissioners decision granting plan change for QE Square "disappointing."
Sally Lindsay Fri, 22 Jan 2016
Although Auckland Council has approved the rezoning of Auckland’s downtown Elizabeth Square, paving the way for listed Precinct Properties [NZX: PCT] to buy the land for $27.2 million, the decision may be appealed.
The company had been sitting on a conditional contract with the council since 2014
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