Shadows not rendering correctly [Game version 1.2, nVidia Driver 461.92 and 465.89]

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This only seems to happen in certain areas at certain times of day. This video was taken at West Wind Apartments waypoint at around 11:30pm game time:


Not sure when this started happening but I rolled back nVidia drivers and its the same on both versions noted in the title. Is this happening to anyone else?

System specs:

i7 6700K
32gb RAM
GTX 1070

Everything stock.
 
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