Deloitte lease One Queen Street

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 – 9 August 2021
Deloitte lease One Queen Street
Precinct Properties New Zealand Limited (Precinct) (NZX: PCT) is pleased to
announce major leasing progress at One Queen Street in Auckland, with Deloitte signing
a 20-year lease for 7,500 square metres of office space.
Deloitte have leased all the remaining high rise office space comprising levels 15 to 20
within the One Queen Street office building to now be named Deloitte Centre. This leaves
just two low rise floor plates which are not committed, and Precinct anticipates offering
these floors as smaller premium office suites ranging in size from 200 to 250 square metres.
Scott Pritchard Precinct CEO said, “Securing this long term commitment from a high quality
business like Deloitte to a landmark waterfront location in a premium redeveloped building
reflects the strong demand for prime inner city office space. This demonstrates the value
that businesses are placing on being located in a high quality office space and in particular
the benefits of being located in the Commercial Bay precinct.”
Deloitte Chair Thomas Pippos and Chief Executive Mike Horne said, “The Deloitte team are
excited to be relocating to One Queen Street and to be part of the wider Commercial Bay
community and associated amenities. The flexibility afforded by the scale and nature of the
floorplates provides an opportunity to create an exceptional work environment for our teams
and clients, framed by the natural beauty of the Waitematā Harbour. We are also pleased to
retain the exposure of our brand on the Auckland skyline, with the building to be known as
the Deloitte Centre.”
Construction of the project which commenced earlier this year is now well
underway. Following this successful leasing, Precinct’s current development project pipeline
is valued at $0.8 billion on completion and is now 90% leased.

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
Deputy Chief Executive 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 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.