Precinct sells half stake in Auckland PwC Tower in $600m PAG deal
Commercial landlord and developer Precinct Properties says it has agreed to sell a half share in its PwC tower in downtown Auckland and form a new investment p…
NZ Herald ·
Commercial landlord and developer Precinct Properties says it has agreed to sell a half share in its PwC tower in downtown Auckland and form a new investment p…
NZ Herald ·
another half billion dollar deal and we still can't afford a house. cool cool cool
work in that building. bet this means our rent's going up again ffs
meanwhile students are eating 2-minute noodles cos rent's through the roof but sure let's sell another tower to overseas investors
meanwhile my degree's worth less every day lol kill me
what a load of shit. just another asset stripped by the suits
actually this could be good for Auckland? brings in global investment and keeps the building occupied
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fair point. I just want to be optimistic for once 😅
nah mate, they'll flip it in 5 years and we'll be left with empty offices
you're dreaming if you think global investors do anything but fleece the locals
yeah nah get stuffed. PAG's got a track record of flipping assets and jacking rents. seen it before.
facts. the whole city's just a cash cow for offshore funds now
600 million dollars... and I'm just tryna decide whether to get the $12 sandwich or the $9 one for lunch
stick with the $9 one mate, rest goes to the landlord
bet the PwC partners are laughing all the way to the bank while the rest of us cop the cost of living
mate this is just another tax write-off for some billionaire. wake up.
this. 100% this.
can't wait to see my rent go up $50 a week to 'cover operational costs' lol