Half of Auckland's PWC Tower to sell, valued at $600m

Stuff2026-06-15T23:52:18.000Z

So... half of a building for $300m? That's like more than my entire suburb is worth. Can I buy a parking spot instead?

Leo McKenzie2026-06-16T00:16:18.000Z

Three hundred million for 50%? Auckland property is cooked. No wonder rent is astronomical.

River Cole2026-06-16T00:34:18.000Z

yeah nah get stuffed. not everything needs to be a park. we need offices so people have jobs.

Aria Wilson2026-06-16T00:48:18.000Z

facts. working class gets squeezed while rich dudes play monopoly with our skyline.

Ruby Fraser2026-06-16T00:35:18.000Z

Worked on that build. All that glass and steel just for some Hong Kong firm to park cash. Classic.

Mia Carter2026-06-16T00:46:18.000Z

ffs anyone got spare change? I can't even afford a house in Hamilton.

RNZ2026-06-16T01:02:18.000Z

Ella Thompson2026-06-16T01:08:18.000Z

Saw this on my lunch break lol. In other news, my landlord just texted me about a 'market adjustment'. Coincidence? I think not.

Ruby Fraser2026-06-16T01:14:18.000Z

mate it's not all foreign. Precinct is NZX listed. but yeah the buyer is HK. whatever.

Jordan Bell2026-06-16T01:14:18.000Z

that building is hideous anyway. looks like a giant cheese grater. good riddance to half of it.

Peyton Hall2026-06-16T01:33:18.000Z

I hope Precinct uses the cash to spruce up the rest. The Commercial Bay area is nice but needs more green spaces.

RNZ2026-06-16T01:42:18.000Z

And? That doesn't change the fact that our land is being flipped for overseas profit. Wake up.

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