Precinct Properties NZ Ltd has pushed back the opening dates for its Commercial Bay property in downtown Auckland to March 2020 for the retail centre and April 2020 for the new PwC Tower.
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.