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Precision Group is an Australian private property investment and management company based in Sydney. It was founded in 1994 by Shaun Bonétt with a primary focus on landmark retail, commercial office and hospitality property in Adelaide, Brisbane, Melbourne, and Sydney. Precision’s notable properties include Adelaide Central Plaza, MacArthur Central shopping centre, Chevron Renaissance Shopping Centre, Port Canal Shopping Centre, Pran Central shopping centre, 144 Edward Street, Brisbane, Customs House Port Adelaide, the Victory Hotel Brisbane and the White Horse Hotel, Surry Hills.

Corporate history
Four years after its creation, Precision Group made its first major acquisition in 1998 with Port Canal Shopping Centre along with the adjacent Customs House office building in Port Adelaide, South Australia from a syndicate managed by Babcock & Brown. Initially the company focused on retail properties and later got involved in large-scale retail and commercial property developments as it received the backing of major financial institutions. From 2002 to 2015, the company acquired several major shopping centers, office buildings, and hospitality assets in Adelaide, Brisbane, Melbourne, and Sydney. In particular in 1999, Precision 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 2006 Precision 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. Following the Global Financial Crisis in 2009, Precision refinanced over $250 million of its loan facilities with the Bank of China. In 2015 Precision purchased the Chevron Renaissance Shopping Centre in Surfers Paradise on the Gold Coast of Queensland for $74 million from Arena Investment Management.