Announcement
GENERAL: GMT: GMT Receives OIO Approval for Mangere Acquisition
10:04am
GMT
13/09/2019 10:04
GENERAL
NOT PRICE SENSITIVE
REL: 1004 HRS Goodman Property Trust (NS)
GENERAL: GMT: GMT Receives OIO Approval for Mangere Acquisition
Further the announcement of 5 December 2018, Goodman (NZ) Limited is pleased
to confirm Goodman Property Trust has now received Overseas Investment Office
approval for the acquisition of 42, 60 and 70 Favona Road in Mangere.
The purchase is expected to settle later this month.
For further information please contact:
John Dakin
Chief Executive Officer
Goodman (NZ) Limited
(021) 321 541
James Spence
Director Investment Management
Goodman (NZ) Limited
(021) 538 934
Andy Eakin
Chief Financial Officer
Goodman (NZ) Limited
(021) 305 316
About Goodman Property Trust:
GMT is an externally managed unit trust, listed on the NZX. It has a market
capitalisation of around $2.9 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 current value of $2.6 billion. The Trust holds an
investment grade credit rating of BBB from Standard & Poor's.
End CA:00340896 For:GMT Type:GENERAL Time:2019-09-13 10:04:51
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