Precinct announced that it has appointed George Crawford, currently Precinct's Chief Financial Officer, to the role of Chief Operating Officer. George was appointed as Precinct's Chief Financial Officer in October 2010 and has significant experience in the New Zealand listed property sector. In his new role George will retain his focus on financial and capital management, assume responsibility for risk and compliance, human resources and take a more active role in the commercial aspects of major strategic initiatives.

This new role builds on a significant strengthening of capability within Precinct's management team over the last 12 months, with the appointment of Richard Hilder to the role of General Manager Finance and the establishment of four new full time development management roles.