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GMT
14/05/2014 08:37
ASSET
REL: 0837 HRS Goodman Property Trust
ASSET: GMT: GMT Announces Asset Sale
Goodman (NZ) Limited ("GNZ"), the Manager of Goodman Property Trust, is
pleased to announce the sale of SMEC House in Newmarket.
The multi-tenanted office building, is being sold to a private investor for
$26.2 million.
John Dakin, Chief Executive Officer of GNZ, said "A strong investment market
is supporting an active sales programme that is generating substantial gains
for the Trust.
This disposal and the earlier sale of Gateside Industry Park will provide
more than $60 million of capacity that will be used to fund our portfolio
enhancing and value adding development activity."
The unconditional sale is due to settle in July 2014.
For further information, please contact:
John Dakin
Chief Executive Officer
Goodman (NZ) Limited
(09) 375 6063
(021) 321 541
Murray Barclay
General Manager Property
Goodman (NZ) Limited
(09) 969 3743
(021) 767 424
End CA:00250413 For:GMT Type:ASSET Time:2014-05-14 08:37:19
