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Precinct Properties New Zealand, widely recognised as Precinct Properties, stands as the leading owner, manager, and developer of premium commercial real estate across New Zealand. Headquartered in NZ, the company's core operations focus on prime central business district (CBD) locations, primarily in Auckland and Wellington.
Established in 1994, Precinct specialises in delivering sophisticated office and retail environments. It provides comprehensive real estate services including property ownership, innovative development, and expert leasing, setting industry benchmarks with iconic projects like Auckland’s Commercial Bay and Wynyard Quarter.
As New Zealand's only listed property company dedicated to premium CBD assets, Precinct prioritises sustainable design and long-term value creation. The firm’s commitment to providing exceptional business and retail premises solidifies its position as a dominant force in the NZ commercial property market.
+15 vs industry average
Precinct Properties New Zealand’s score of 44 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Real Estate Services has above-average carbon intensity
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Scope 3 accounts for ••• of total emissions.
Precinct Properties New Zealand, a real estate services company headquartered in NZ, reported global Scope 1 emissions of approximately 1,706,000 kg CO2e, Scope 2 location-based emissions of about 2,060,000 kg CO2e, and Scope 3 emissions of approximately 49,100,000 kg CO2e for 2025.
The company's climate commitments include being 'Committed' to a near-term target and 'Committed' to net-zero as validated by the Science Based Targets initiative (SBTi) as of March 2024. These SBTi commitments are directly from Precinct Properties New Zealand Limited and Precinct Properties Investments Limited.
No climate goals have been disclosed for Precinct Properties New Zealand yet.
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