Report
Tony Sherlock
EUR 147.86 For Business Accounts Only

Yield premium above bonds supports ongoing demand from yield and risk-averse investors.

Precinct Properties reported fiscal 2016 posttax operating earnings of NZD 6.01 cents per security, down on 6.19 cents per security in the prior year. The decline in earnings was foreshadowed, reflecting the dilutive capital raise, multiple asset sales and far lower gearing. The firm will remain in significant transition for the next three years as it invests NZD 865 million on development projects. The most significant being NZD 570 million Commercial Bay development comprising a new 30-storey ...
Underlying
Precinct Properties New Zealand

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.

Provider
Morningstar
Morningstar

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.

Analysts
Tony Sherlock

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