New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

Precinct Properties New Zealand / Equity Bottom-Up

<ul><li>Precinct's (PCT) 1H25 was slightly below expectations, reflecting a quieter period of activity.</li><li>The core office portfolio continues to perform well with solid rent growth.</li><li>Management fee income was flat, with no significant new capital partnering initiatives. Student accommodation and further apartment project starts are likely the new fee income generators of 2H25/1H26. </li></ul>

Precinct's (PCT) 1H25 was slightly below expectations, reflecting a quieter period of activity.The core office portfolio continues to perform well with solid rent growth.Management fee income was flat, with no significant new capital partnering initiatives. Student accommodation and further apartment project starts are likely the new fee income generators of 2H25/1H26. 

Precinct Properties NZ - 1H25 Result—A Steady Start to the Year