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Precinct Properties (PCT) briefings

Read that company's published results in release order, newest first.

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Showing 1-7 of 7 published briefings.

Precinct Properties (PCT)•HY26•Released 26 February 2026

Precinct Investment Partnership acquisition puts Precinct Properties' debt headroom in focus

The NZ$900m acquisition price from the Precinct Investment Partnership acquisition is relevant to debt headroom, while borrowings and gearing remain the direct evidence.

Published 21 April 2026

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Precinct Properties (PCT)•FY25•Released 27 August 2025

Gross borrowings up 20.7% and NTA down 6.2% as operating profit edges 1.2%

The statutory swing from a $22.1m FY24 loss to $11.0m profit reflects easing valuation drag rather than core earnings growth.

Published 22 April 2026

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Precinct Properties (PCT)•HY25•Released 20 February 2025

NTA fell to $1.25 from $1.35 even as FFO rose 7.4%

Recurring property earnings improved but valuation softness pulled NTA lower while gross borrowings rose 3.5% to $1,537.2m.

Published 22 April 2026

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Precinct Properties (PCT)•FY24•Released 28 August 2024

Operating cash fell 32.6% even as revenue grew 13.3%

The narrowing statutory loss reflects property valuation stabilisation; FCF pre-lease stayed at -$97.6m and gross borrowings rose 7.1%.

Published 22 April 2026

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Precinct Properties (PCT)•HY24•Released 22 February 2024

NPAT swung to $15.3m but AFFO per share slipped to 3.26cps

Operating profit before tax rose just 3.4% and operating cash inflow fell to $39.8m, undercutting the optical PBT recovery on a weak prior base.

Published 22 April 2026

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Precinct Properties (PCT)•FY23•Released 23 August 2023

Revaluation losses drove a $153m NPAT loss while cash earnings rose 34%

Statutory NPAT swung to -$153.1m on property revaluations even as revenue rose 9.3% and operating cash flow climbed to $118.1m.

Published 22 April 2026

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Precinct Properties (PCT)•HY23•Released 23 February 2023

NPI grew 9% but NPAT swung to a $1.8m loss as revaluation gains faded

Operating cash earnings strengthened, but development capex jumped 81% and pre-lease FCF widened to -$88.5m, outside the historical range.

Published 22 April 2026

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