First NZ Capital Holdings Ltd (FNZC), which said a month ago it would revert to the name of founder Ron Jarden, has taken naming rights on 21 Queen St, currently called Zurich House.
Precinct Properties NZ Ltd has borrowed $US110 million ($NZ162.8 million) for 10- & 12-year terms through a US private placement (USPP) issue.
Precinct Properties NZ Ltd has acquired the remaining 50% of flexible office space provider Generator NZ Ltd for $7.4 million, after buying half the company in May 2017.
Precinct Properties NZ Ltd has secured the Media Design School as a tenant in its 10 Madden St development in the Wynyard Quarter, and law firm Bell Gully in the refurbished 1 Queen St.
Law firm Bell Gully has told its Auckland landlord, Kiwi Property Group Ltd, it will vacate its premises in the Vero Centre on Shortland St between the 2023-25 financial years.
Precinct Properties NZ Ltd committed yesterday to stage 2 of its Wynyard Quarter project, part of the wider Innovation Precinct on the Auckland waterfront.