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GMT Statement of Investment Policies and Objectives

Wednesday, 7 November 2018

Goodman (NZ) Limited, the Manager of Goodman Property Trust (“GMT” and “Trust”) has advised that the Statement of Investment Policies and Objectives for the Trust has been updated.

The revision, which will come into effect on 10 December 2018, will allow an increase in the proportion of uncommitted development projects being undertaken.

John Dakin Chief Executive Officer of Goodman (NZ) Limited said, “With the development programme well advanced, and GMT’s land weighting below 5% of portfolio value, the Trust’s Statement of Investment Policies and Objectives (“SIPO”) is being amended to add flexibility. It’s a positive change that recognises the success of the build-to-lease programme and the smaller sized facilities required to complete the development of GMT’s remaining land holdings.”

A copy of the amended document, in mark-up, accompanies this announcement

The updated SIPO will be uploaded on the Disclose Register (at https://disclose-register.companiesoffice.govt.nz/) so as to ensure that the most current version is accessible to Unitholders.

For further information please contact:

John Dakin
Chief Executive Officer
Goodman (NZ) Limited
(09) 375 6063
(021) 321 541

James Spence
Director Investment Management
Goodman (NZ) Limited
(09) 903 3269
(021) 538 934

Andy Eakin
Chief Financial Officer
Goodman (NZ) Limited
(09) 375 6077
(021) 305 316