Settlement of Charles Fergusson Building to PPILP

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 F +64 9 927 1655 PO Box 2, Wellington 6140, New Zealand F +64 4 494 2267
NZX announcement – 17 May 2023
Settlement of Charles Fergusson Building to PPILP
Further to the announcement on 13 October 2022, Precinct Properties New Zealand Limited
(Precinct) (NZX: PCT) is pleased to confirm that the sale of Charles Fergusson Building which
is part of the initial portfolio of properties to Precinct Pacific Investment Limited Partnership
(PPILP) is expected to settle on 13 June 2023.
In addition to the Wynyard Quarter Stage 3 development project to be completed by PPILP,
Precinct will continue to manage the initial portfolio of properties which comprises Mayfair
House, 10 Madden Street, 12 Madden Street and Charles Fergusson Building under the terms
of an investment management agreement and has a 24.9% ownership interest in the Limited
Partnership.
-ends-
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)
Listed on the NZX Main Board under the ticker code PCT and ranked in the NZX top 30, Precinct
is the largest owner, manager and developer of premium inner-city real estate in Auckland
and Wellington. Precinct is predominantly invested in office buildings and also includes
investment in Generator, Commercial Bay retail, third party capital partnerships, and a multi-
unit residential development business. For information visit: www.precinct.co.nz