Wednesday, 3 July 2019
Goodman (NZ) Limited, the Manager of Goodman Property Trust is pleased to announce the voting result from the Annual Meeting held today.
Resolution 1, re-appointing Keith Smith as an Independent Director of the Manager, was approved by Unitholders. Of the 687,275,565 Units voted in the poll, 87.67% were in favour of the resolution and 12.33% against.
Resolution 2, re-appointing Peter Simmonds as an Independent Director of the Manager, was approved by Unitholders. Of the 689,261,178 Units voted in the poll, 99.75% were in favour of the resolution and 0.25% against.
About Goodman Property Trust:
GMT is an externally managed unit trust, listed on the NZX. It has a market capitalisation of around $2.5 billion, ranking it in the top 20 of all listed investment vehicles. The Manager of the Trust is a subsidiary of the ASX listed Goodman Group, Goodman Group is also the Trust’s largest investor with a cornerstone unitholding of 21.6%.
GMT is New Zealand’s leading industrial space provider. It has a substantial property portfolio, with a value of $2.6 billion. The Trust holds an investment grade credit rating of BBB from Standard & Poor’s.