Precinct Properties New Zealand Limited (NZSE:PCT) entered into an agreement to acquire Bowen House in Wellington for NZD 92 million on June 18, 2021. The transaction will be financed from NZD 250 million Equity Raise which will be used to fund the acquisition of two Wellington office buildings, Bowen House in Wellington and Freyberg Building. The transaction is expected to complete in July 2021. Precinct Properties New Zealand Limited (NZSE:PCT) completed the acquisition of Bowen House in Wellington on July 23, 2021.