Our Strategy
We create vibrant, mixed-use precincts that deliver premium experiences for the people who live, visit or come to work in our spaces.
Precinct is a specialist real estate investment company. At the heart of our business is the generation and regeneration of sustainable value for people, place, partners, and our shareholders by investing in real estate that is concentrated in premium city centre locations.
Precinct has completed over $2.3 billion of developments since 2017 demonstrating the ability to successfully execute a variety of mixed-use developments that integrate retail, hospitality, a hotel, commercial and civic spaces.
As the largest owner of commercial real estate in Auckland and Wellington, investment management and creating value for our clients, partners and shareholders continue to be a priority for the business.
Reinforcing the business’ commitment to the living sector, Precinct continues to originate a diverse range of investment and development opportunities within this market where we believe there is significant opportunity for Precinct to outperform.
Our pillars of success
People-centricity
Our people are our greatest asset. Our tight-knit and talented team includes everyone from property and facilities managers to financial and development experts, to brand, marketing and sales specialists.
But while we strive to build cities, we can be proud of, we know we can’t get there alone. Our commitment to best-in-class service and win-win mentality drives us to ensure that our business benefits all. From our partners, to investors, to clients; to the residents and visitors of Auckland and Wellington who enjoy the places we create together.
Positive outcomes
As a team of urban experts and civic advocates, we see a brighter future for the cities of New Zealand. We strive to make a meaningful impact, delivering beneficial social, environmental, cultural, and economic outcomes.
From partnering with local iwi, to deep engagement with city councils, we acknowledge that the vibrancy of our city is not found in the skyline, but in the people who call it home. Success—to us—means enriching the everyday lives of our communities.
Vibrant mixed-used precincts
Mixed-use precincts support a myriad of businesses and experiences all in one, connected place. We invest in assets in strategic locations to achieve scale and drive holistic and sustainable transformation.
The spaces we create are not just buildings; they are part of a bigger story. When a space is thoughtfully designed, it takes on a life of its own, influencing and shaping our cities in ways that are both subtle and profound. We endeavour to elevate every moment spent in our precincts, to create vibrant places that people love to live, work, and play in.
Collaborative by design
We pride ourselves on maintaining a strong sense of partnership in all things. Our success is anchored by our inclusive and transparent relationships and ability to work in unison with our partners to reimagine spaces and unlock value for our shareholders.
We believe in the power of listening, collaboration, and see the value in partnering with investors to enable new opportunities and business growth. The best outcomes are realised through the collaborative efforts of diverse people working towards the same goal. We welcome all voices at the table. We believe perspective is invaluable and diversity is power.