Precinct preferred developer for Downtown Carpark

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 Generator, 30 Waring Taylor Street, Wellington T 0800 400 599
W www.precinct.co.nz PO Box 5140, Auckland 1141, New Zealand PO Box 2, Wellington 6140, New Zealand


NZX announcement – 5 October 2022
Precinct preferred developer for Downtown Carpark
Precinct Properties New Zealand Limited is pleased to announce that Eke Panuku Development
Auckland has selected Precinct Properties as the preferred development partner for the
Downtown Car Park site. Precinct has partnered with Ngāti Whātua Ōrākei as part of the
proposal for the site, with the relationship encompassing cultural, design and commercial
elements.
Precinct and Eke Panuku have now entered a period of commercial negotiations with the
intent to agree and document final terms, which will remain subject to Precinct and Eke Panuku
Board approval.


Ends
For further information, please contact:

George Crawford
Deputy Chief Executive Officer
Mobile: +64 21 384 014
Email: george.crawford@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, AON Centre, Jarden House, Deloitte Centre, 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, Freyberg
Building and 30 Waring Taylor Street. Precinct owns Generator NZ, New Zealand’s premier
flexible office space provider. Generator currently offers 15,770 square metres of space across
nine locations in Auckland and Wellington.