Goodman Property Trust is pleased to announce the first quarter distribution for the year ending 31 March 2020.
The record date for the distribution is 5 September 2019 with payment to be made on 19 September 2019. Unitholders will receive a cash distribution of $0.01662500 per unit with an additional $0.00298904 per unit in imputation credits.
About Goodman Property Trust:
GMT is an externally managed unit trust, listed on the NZX. It has a market capitalisation of around $2.7 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 22%.
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.