Michael Plank, University of Canterbury; Shaun Hendy, University of Auckland, and Siouxsie Wiles, University of …
Read More »Precinct first-half operating income falls 1.5 percent as costs rise
Precinct Properties New Zealand, formerly known as AMP NZ Office, posted a 1.5 percent decline in first-half net operating income as costs rose and occupancy fell. It lifted its first-half dividend for the first time since 2008. Operating profit, which excludes some non-cash items and is used as the basis of dividend policy, was $26.2 million in the six months …
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