Goodman Property Trust is pleased to announce the first quarter distribution for the year ending 31 March 2017.
The record date for the distribution is 8 September 2016 with payment to be made on 22 September 2016. Unitholders will receive a cash distribution of 1.6625 cents per unit with an additional 0.3416 cents per unit in imputation credits.
Unitholders are reminded that the Distribution Reinvestment Plan is currently suspended.
About Goodman Property Trust:
GMT is an externally managed unit trust, listed on the NZX with a market capitalisation of around $1.7 billion. 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 20.7%.
GMT is New Zealand’s leading industrial and business space provider. It has a substantial property portfolio, with a value in excess of $2.3 billion, that accommodates more than 280 customers. The Trust holds an investment grade credit rating of BBB from Standard & Poor’s.