Precinct Properties CEO says rising interest rates ‘ultimately’ parked $1.5b 55-level Downtown Carpark office tower - NZ Herald

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https://www.nzherald.co.nz/property/precinct-properties-ceo-says-rising-interest-rates-ultimately-parked-15b-55-level-downtown-carpark-office-tower/WMT5BKL3WJH3LPSYW4CSK3BUMQ/

Precinct Properties CEO says rising interest rates ‘ultimately’ parked $1.5b 55-level Downtown Carpark office tower - NZ Herald

Company will keep Downtown Carpark going: rising interest rates made the tower not viable.

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