Thursday, 17 December 2015
Goodman (NZ) Limited, the Manager of Goodman Property Trust, is pleased to confirm that the sale of The Junction Units, Move Logistics and DHL facilities at Glassworks Industry Park in Christchurch for $38.9 million, has now settled.
About Goodman Property Trust:
GMT is an externally managed unit trust, listed on the NZX. It has a market capitalisation of around $1.5 billion, ranking it in the top 15 of all listed investment vehicles. The Manager of the Trust is a subsidiary of the ASX listed Goodman Group, Goodman Group are also the Trust's largest investor with a cornerstone unitholding of 20.62%.
GMT is New Zealand's leading industrial and business space provider. It has a substantial property portfolio with a value in excess of $2.1 billion that accommodates more than 250 customers. The Trust holds an investment grade credit rating of BBB from Standard & Poor's.