GMT 0.24% $2.07 goodman property trust (ns) ordinary units

Ann: ASSET: GMT: Further Sales Success For GMT

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    					GMT
    30/11/2015 13:27
    ASSET
    NOT PRICE SENSITIVE
    REL: 1327 HRS Goodman Property Trust
    
    ASSET: GMT: Further Sales Success For GMT
    
    Goodman (NZ) Limited, the Manager of Goodman Property Trust ("GMT" or
    "Trust"), is pleased to announce further sales as part of the Trust's asset
    recycling programme.
    
    The NZ Safety and Fisher and Paykel Buildings at Glassworks Industry Park in
    Hornby, Christchurch, have been sold to a local investor for $11.2 million.
    
    John Dakin, Chief Executive Officer of Goodman (NZ) Limited, said "The latest
    sale reflects another strong result for the Trust. With over $80 million of
    disposals announced this financial year GMT is growing organically, with
    asset sales financing a steady volume of development projects."
    
    The unconditional sale is expected to settle in March 2016.
    
    For further information, please contact:
    
    John Dakin
    Chief Executive Officer
    Goodman (NZ) Limited
    (09) 375 6063
    (021) 321 541
    
    Andy Eakin
    Chief Financial Officer
    Goodman (NZ) Limited
    (09) 375 6077
    (021) 305 316
    End CA:00274357 For:GMT    Type:ASSET      Time:2015-11-30 13:27:37
    				
 
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