News & Media

Media Articles

25 Sep 2008 - Precision timing pays off

A young shopping centre magnate started small and ended in the big time.

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25 Jul 2008 - Software spot on for Precision

The Precision Group of Companies has launched a new accounting and property management software, with the potential to save the business approximately $250,000 per annum.

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17 Mar 2008 - Woolworths to anchor Metro Chatswood shopping centre

A Woolworths supermarket will anchor the Metro Chatswood shopping centre on Sydney"s lower North Shore, which is currently under construction as part of the Chatswood Transport Interchange development.

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14 Mar 2008 - Development attracts Woolworths

The Precision Group has secured Woolworths to anchor its new Metro Chatswood shopping centre in Sydney"s northern suburbs.

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19 Feb 2008 - Interchange site for supermarket

Precision Group's first foray into NSW has gained momentum, with Woolworths agreeing to anchor its Metro Chatswood shopping centre.

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13 Nov 2006 – Sydney investor snaps up Melbourne mall

Private Sydney investment group, Precision, has purchased one of Melbourne’s most recognised retail centres, Pran Central, from Walker Corporation for $34.5 million.
 

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10 Nov 2006 – Precision picks up Pran Central

Private Sydney-based investment group Precision has acquired Melbourne’s Pran Central retail centre from Walker Corporation for $34.5 million. The deal has been struck on a 6.5% yield.

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9 Nov 2006 – Walker sells Pran Central

Private investment group Precision, in a $34.5 million deal with Walker Corporation, has emerged as the buyer of the high profile Pran Central retail complex in a trendy Melbourne shopping district.

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26 May 2006 – Precision gains MacArthur, with a trade-in

BRISBANE’S first major commercial and retail building swap has finally been pulled off. Private Sydney investment group Precision said it had acquired MacArthur Central shopping in the CBD for $119.5 million.

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25 May 2006 – Precision swaps offices for shops

Precision Group founder Shaun Bonett is already planning how to reposition Brisbane’s MacArthur Central Shopping Centre, which he acquired yesterday for $119.5 million.
 

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25 May 2006 – Precision-Investa swap sealed

THE Precision Group and Investa Property Group have pulled off their $186 million swap deal in Brisbane, trading the MacArthur Central shopping centre for an office building at 160 Ann Street, plus cash.

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27 Sep 2005 – Chatswood vision gets final go-ahead

The Chatswood Transport Interchange on Sydney’s North Shore has passed its final hurdle with the pre-sale of the shopping centre component of the project to the Precision Group at a price of about $100 million.

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27 Sep 2005 – Precision pays $80m for retail above rail

THE developer of Sydney’s new $361 million Chatswood transport interchange project, CRI Australia, has sold the retail component for an estimated $80 million.

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24 Jun 2005 – Precision wins Victory for $22m

SYDNEY-based private investment company The Precision Group has boosted its portfolio in Brisbane with the $22 million acquisition of the Victory Hotel in Edward St.
 

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20 Jun 2005 – Precision snatches Victory in Brisbane

Sydney-based private investor Precision Group has snared Brisbane’s well-known Victory Hotel for $22 million one of the city’s biggest pub sales.

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27 May 2005 – Private investor pays $50m for a slice of CBD

PRECISION Property Group has contracted to buy 160 Ann St from owner Zurich Australia Insurance for about $50 million, an 8 per cent yield.

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26 May 2005 – Precision buys Brisbane office

The Sydney-based Precision Group is buying Zurich’s Brisbane office building for $49 million.

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21 Oct 2004 – Private investors chase Brisbane offices

Private investors are still forging into Brisbane’s strengthening office market, and the latest two deals are being wrapped up for close to $73 million.

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22 Feb 2000 – David Jones sells Central Plaza with precision

The deal flow continues in the Adelaide property market, with retailer David Jones announcing it has entered into a formal contract for sale of the $85 million Adelaide Central Plaza project.

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22 Feb 2000 – DJ’s sale nets $85m

UPMARKET retailer David Jones will receive $85million from the sale of its flagship Adelaide Central Plaza retail development to a consortium of private investors.

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22 Feb 2000 – DJs sells Central Plaza site

David Jones has raised $85 million by finally selling its Adelaide Central Plaza site for $85 million to a private consortium, the Precision Group of Companies.

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