PCT IRD Binding Ruling received

NZX announcement – 28 July 2021
PCT IRD Binding Ruling received
Following on from the internalisation announcement made on 29 March 2021, Precinct
Properties New Zealand Limited (NZX: PCT) (Precinct) is pleased to announce it has received
a binding tax ruling from Inland Revenue which confirms that the payment for the termination
of the management agreement is deductible for tax purposes.
Ends

For further information, please contact:
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 predominantly in premium
and A-grade commercial office property. Listed on the NZX Main Board, PCT currently owns
Auckland’s HSBC Tower, AMP Centre, Jarden House, One Queen Street, 204 Quay Street,
Mason Bros. Building, 12 Madden Street, 10 Madden Street, PwC Tower and Commercial Bay
Retail; and Wellington’s AON Centre, NTT Tower, Central on Midland Park, No. 1 and No. 3 The
Terrace, Mayfair House, Charles Fergusson Building, Defence House, Bowen House and
Freyberg Building.
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.