Precinct Properties NZ Ltd & Precinct Properties Investments Ltd (AOTUF) Q4 2026 Earnings Call Transcript

SA Transcripts 162.02K Followers Follow Precinct Properties NZ Ltd & Precinct Properties Investments Ltd ( AOTUF ) Q4 2026 Earnings Call August 26, 2026 6:00 PM EDT Company Participants Scott Pritchard - Chief Executive Officer Richard Hilder - Chief Financial Officer George Crawford - Deputy Chief Executive Officer Anthony Randell - General Manager of Property Conference Call Participants Nick Mar - Macquarie Research Rohan Koreman-Smit - Forsyth Barr Group Ltd., Research Division Francois de Cannart Presentation Operator Thank you for standing by, and welcome to the Precinct Properties 2026 Full-Year Results. [Operator Instructions] I would now like to hand the conference over to Mr. Scott Pritchard, Chief Executive Officer. Please go ahead. Scott Pritchard Chief Executive Officer Thank you, Drew, and good morning, everyone, and welcome to the 2026 Annual Results Briefing for Precinct. I'm joined today by George Crawford, Precinct's Deputy CEO; Richard Hilder, Precinct's Chief Financial Officer; and Anthony Randell, our General Manager of Property. The agenda for today's call is outlined on Page 2 of the presentation. I will shortly provide an overview of the highlights of the result and the key themes our business is facing before providing an overview of our strategic progress. I'll then hand over to Richard, who will detail the financial result before George provides an overview of our capital partnerships and the investment market. Anth will provide an update on our portfolio performance. And following that, I'll spend some time on our development projects, including some more detail on the proposed Downtown development. Finally, I'll provide some concluding comments, and we'll be happy to answer any questions you may have. Turning to Page 3. We are pleased with the achievements over the past 12 months, in particular, our investment portfolio, which has retained occupancy at 97%, and has materially increased our weighted average lease term to over 7 years. Most notably has been the extent of leasing