Precinct raising $250m to buy government buildings
The company is raising the capital through a placement and rights issue.
Andrew Bevin
Fri, 18 Jun 2021
NZX-listed Precinct Properties is raising $250 million to fund the acquisition of two government-tenanted office buildings in Wellington.
It will raise the capital through a $220m underwritten placement and a $30m retail offer.
The Auckland-based property company went into trading halt before
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Andrew Bevin
Fri, 18 Jun 2021
Contact the Writer: andrew@nbr.co.nz
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Precinct raising $250m to buy government buildings
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