Ceasing Coverage of Precinct Properties
We intend to cease coverage on narrow-moat Precinct Properties in July 2019. We periodically adjust our coverage as necessary based on stock outlook, client demand, and investor interest.Precinct is the largest owner of prime central business district, or CBD, commercial offices in New Zealand's major cities of Auckland and Wellington. Key attractions are the longer lease terms, annual escalations, high government tenancy, and constraints on adding new supply in Wellington. Moreover, Precinct i...
Precinct Properties New Zealand is engaged in investment in predominantly prime commercial office properties in the central business district of major New Zealand cities. As of June 30 2010, Co. had total assets of NZ$1,299,328,000 and investment properties portfolio valued at NZ$1,276,800,000.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.