June 16, 2026 — PAG, a leading Asia-based alternative investment firm, is pleased to announce the acquisition of a 50% interest in PwC Tower, the landmark centrepiece of Auckland’s Commercial Bay precinct, in partnership with Precinct Properties (NZE: PCT).

Widely regarded as New Zealand’s premier office building, PwC Tower occupies an unrivalled waterfront location at the heart of Auckland’s CBD, combining world-class sustainability credentials, premium amenity and a blue-chip tenant base.

More about the transaction: Precinct Announcement: Sale of PwC Tower