Precinct Properties New Zealand Limited announced that Don Huse who will retire in the second half of 2020 after serving 10 years on the Board., Don will remain on the Precinct Board and remain as Chair of the Audit & Risk Committee through until late 2020.

The company announced first quarter dividend for the financial year 2020 of 1.575 cents per share. This represents an increase of 5.0%. The updated policy has been considered in relation to full 2020 financial year dividend guidance of 6.30 cents per share.