Precinct Properties Switches External Auditor From EY to Deloitte

Precinct Properties New Zealand ( (AOTUF) ) has provided an announcement.

Precinct Properties Group has appointed Deloitte as its new external auditor, replacing EY following a competitive tender process overseen by the Audit & Risk Committee. Deloitte will assume the audit role from the 2028 financial year starting 1 July 2027, with the board emphasising that the change reflects governance best practice given EY’s long tenure rather than any concerns over service quality.

The decision signals Precinct’s focus on maintaining robust oversight and alignment with evolving governance expectations for major listed issuers in New Zealand’s property sector. EY, which has long audited the group, has been formally thanked for its service and support, suggesting an orderly transition that should reassure investors and other stakeholders about continuity in financial reporting standards.

More about Precinct Properties New Zealand

Precinct Properties Group, listed on the NZX Main Board under ticker PCT and a member of the NZX top 30, is the largest owner, manager and developer of premium city centre real estate in Auckland and Wellington. Its portfolio is predominantly office-focused and also includes Precinct Flex, Commercial Bay retail and a multi-unit residential development business.

As at 31 December 2025, Precinct’s directly held portfolio was valued at $3.3 billion, with a further $1.9 billion of committed capital partnering assets under management, of which it holds a minority interest in $1.4 billion and manages the balance for third-party partners. Shareholders hold stapled shares in Precinct Properties New Zealand Limited and Precinct Properties Investments Limited, which can only be traded together under the PCT ticker.

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