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Commercial Bay Officially Opens

Operational Update10 June 2020PCTReal Estate

Precinct Properties New Zealand Limited Head Office Wellington Office
E hello@precinct.co.nz Level 12, 188 Quay Street, Auckland 1010 T 0800 400 599 Level 19, 157 Lambton Quay, Wellington T 0800 400 599

W www.precinct.co.nz PO Box 5140, Auckland 1141, New Zealand F +64 9 927 1655 PO Box 2, Wellington 6140, New Zealand F +64 4 494 2267

NZX announcement – 11 June 2020

Commercial Bay Officially Opens


Precinct Properties New Zealand Limited (Precinct) (NZX: PCT) is pleased to announce it

officially opened the retail centre at Commercial Bay today, Thursday 11 June 2020.

Scott Pritchard, Precinct’s CEO, said “The opening of the retail centre at Commercial Bay

marks a significant milestone for our business and Auckland’s city centre precinct. We set out

with a clear vision to create a world-class waterfront destination on par with other gateway

cities and we are proud to have achieved this. We are pleased to be opening the retail centre

fully leased. With an outstanding mix of more than 120 retailers across fashion, food and

beverage, beauty and speciality retail, Commercial Bay brings together the largest

concentration of high-quality local and international retailers to the heart of Auckland city.

Commercial Bay is a truly transformational development project.”

“Despite the extraordinary circumstances we are opening under, our business is extremely

delighted to welcome people to a new and exciting part of Auckland’s city centre where

they can shop, eat, drink and experience all Commercial Bay has to offer. We are incredibly

proud to support our local businesses as well as first-to-market retailers as they open after a

challenging few months and a crucial time as New Zealand moves to restart its economy

after lockdown. We acknowledge the huge effort, commitment and dedication of all of those

involved in the design and construction of Commercial Bay, in particular our project architect

Warren and Mahoney and main contractor Fletcher Construction.”

Further information on Commercial Bay can be found on the Commercial Bay website at:

https://www.commercialbay.co.nz/


Ends









Precinct Properties New Zealand Limited Head Office Wellington Office

E hello@precinct.co.nz Level 12, 188 Quay Street, Auckland 1010 T 0800 400 599 Level 19, 157 Lambton Quay, Wellington T 0800 400 599

W www.precinct.co.nz PO Box 5140, Auckland 1141, New Zealand F +64 9 927 1655 PO Box 2, Wellington 6140, New Zealand F +64 4 494 2267

For further information, please contact:

Scott Pritchard

Chief Executive Officer

Mobile: +64 21 431 581

Email: scott.pritchard@precinct.co.nz


George Crawford

Chief Operating Officer

Mobile: +64 21 384 014

Email: george.crawford@precinct.co.nz


Richard Hilder

Chief Financial Officer

Mobile: +64 29 969 4770

Email: richard.hilder@precinct.co.nz





About Precinct (PCT)

Precinct is New Zealand’s only listed city centre specialist investing predominately in premium

and A-grade commercial office property. Listed on the NZX Main Board, PCT currently owns

Auckland’s PwC Tower, AMP Centre, ANZ Centre (50%), Jarden House, HSBC House, Mason

Bros. Building, 12 Madden Street, 10 Madden Street and Commercial Bay; and Wellington’s

AON Centre, NTT Tower, No. 1 and No. 3 The Terrace, Mayfair House and Bowen Campus.

Precinct owns Generator NZ, New Zealand’s premier flexible office space provider. Generator

currently offers 13,600 square metres of space across four locations in Auckland.

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.