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Precision Group
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Precision Group : ウィキペディア英語版
Precision Group


The Precision Group is an Australian private property investment and management company based in Sydney that has a primary focus on landmark retail property.〔〔
== History ==
The Precision Group was founded in 1994 by Australian businessman Shaun Keith Alfred Bonétt, and made its first major acquisition in 1998 when it purchased Port Canal Shopping Centre for $36 million, along with the adjacent Customs House office building in Port Adelaide, South Australia from a syndicate managed by Babcock & Brown.〔
In 1999, the Group then acquired Adelaide Central Plaza as a development project for $85 million from David Jones Limited, which was completed in 2000 and included a five level David Jones department store.〔〔〔
In 2003 and 2004 the Precision Group went on to acquire commercial office towers in Brisbane at 144 Edward Street and 160 Ann Street.〔
In 2005 the Group acquired the Victory Hotel in Brisbane’s CBD and the White Horse Hotel in Sydney’s Surry Hills.〔
In 2006 the Precision Group acquired MacArthur Central in Brisbane via a property swap transaction with Investa Property Group. The total value of the swap transaction was $186 million, making it one of the largest in Australian history.
In 2007, the Group acquired Pran Central in Melbourne for $34.5 million from Walker Corporation.〔
Following the Global Financial Crisis in 2009, the Precision Group refinanced over $250 million of its loan facilities with the Bank of China.
In 2015 the Group purchased the Chevron Renaissance Shopping Centre in Surfers Paradise on the Gold Coast of Queensland for $74 million from Arena Investment Management.〔

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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