Precision Group was founded in 1994 by Australian businessman Shaun Bonétt, and made its first major acquisition in 1998 when it purchased Port Canal Shopping Centre, along with Customs House office building in Port Adelaide, South Australia.
Based in Sydney Australia, Precision Group is one of Australia's most successful private commercial property investment and management companies with a portfolio of retail, commercial and hospitality properties. Key retail tenants across Precision's portfolio include Apple Inc., David Jones, Wesfarmers, Woolworths, LVMH, and Tiffany & Co.
In 2014, Apple Inc. opened its first Brisbane CBD retail store, and largest flagship store in Australia, within the heritage MacArthur Chambers building, part of Precision's MacArthur Central Shopping Centre. In the same year, American luxury jewellery retailer Tiffany & Co. opened Adelaide's first international luxury retail store in Precision's Adelaide Central Plaza.
Precision Group is committed to their vision of developing and perfecting their expertise in commercial property ownership, development and management to provide optimal service for retail and commercial tenants, while delivering superior investment outcomes.
Precision Group works collaboratively with their key stakeholders to help them achieve their business goals and objectives by providing exceptional commercial and retail property for lease. Through collaboration and leadership, they provide effective asset management solutions that create substantial risk-adjusted investment.