Page 31 - Precinct Properties News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Investors are attracted to the yield of property stocks, and are expecting them to post good results in the upcoming reporting season.

Press Release – Generator Time is running out to Power Up Your Startup with 12 months free office space worth more than $90K up for grabs. This is the last week to enter your start-up, scale-up or early-stage enterprise into the competition where two lucky Kiwi businesses … Time is running out to Power Up Your Startup with 12 months free office space worth more than $90K up for grabs. This is the last week to enter your ‘start-up, scale-up or early-stage’ enterprise into the competition where two lucky Kiwi businesses will win a spot in one of Generator’s strategic Auckland or Well...

Photo: 123rf Generator, a subsidiary of Precinct Properties, said demand for co-working spaces had been extraordinary since the pandemic, as more firms wanted the flexibility to scale up or down when they needed to. It said occupancy rates fell from 97 to 65 percent last year but were now back to more than 85 percent, with the company forecasting a complete recovery later in the year. "The last 12 months has been a game changer for the industry," Generator general manager John Moffett said. "We're seeing really large corporate companies looking to use products like Generator as an adjunct spa...

Thursday, 15 July 2021, 4:16 pm Commercial office, retail and industrial markets, one year on from the end of New Zealand’s national lockdown, have performed more strongly than expected, according to a recent research report by Colliers. The report notes that the effect of lockdowns on the commercial property sectors, both locally and internationally, however, has varied across market sectors. Chris Dibble, head of research at Colliers, notes that property sector demand has responded positively as a result of the unprecedented amount of stimulus from the Government and the Reserve Bank. �...

Business leader pleased to see Auckland's downtown thrive Publish Date : 13 Jul 2021 The transformation of Auckland’s city centre is moving at a rapid pace. The recently completed square in Lower Queen Street, Te Komititanga; new downtown space, Te Wānanga; and the upgraded Quay Street, Karangahape Road and Galway Street are among our new public spaces and upgraded streets. Private companies play a huge role in transforming our city. Last month we sat down with Scott Pritchard, chief executive of Precinct Properties, the company behind Commercial Bay, to hear what he thinks about ho...