Risk factor
Very high price volatility
Profitability factor
Excellent dividends
About
Precinct Properties NZ Ltd & Precinct Properties Investments Ltd is the largest owner, manager and developer of premium city center real estate in Auckland and Wellington. Precinct is predominantly invested in office buildings and includes investment in Precinct Flex, Commercial Bay retail and a multi-unit residential development business. As at 31 December 2025 on a pro forma basis following completion of the PwC Tower transaction, Precinct's directly held portfolio totals 2.7 billion dollars and Precinct has a further 2.5 billion dollars of committed capital partnering assets under management; Precinct holds an interest in 2.0 billion dollars of these assets, with the balance being managed on behalf of third-party partners. Precinct Properties NZ Ltd & Precinct Properties Investments Ltd was incorporated in 1997.
Company Valuation
Considering past and projected metrics, the stock is moderately 'expensive' compared to its peers. In particular, the stock is reasonably priced on P/E, of fair value on
Target Price
The average target price of PCT.NZ is 1.23 and suggests 28.8% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in