GMT 1.19% $2.12 goodman property trust (ns) ordinary units

Ann: ASSET: GMT: Acquisition of Fonterra Centre Now Settled

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    • Release Date: 23/02/16 17:00
    • Summary: ASSET: GMT: Acquisition of Fonterra Centre Now Settled
    • Price Sensitive: No
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    					GMT
    23/02/2016 17:00
    ASSET
    NOT PRICE SENSITIVE
    REL: 1700 HRS Goodman Property Trust
    
    ASSET: GMT: Acquisition of Fonterra Centre Now Settled
    
    Further to the announcement of 3 November 2014, Goodman (NZ) Limited has
    confirmed that the purchase of the Fonterra Centre has now settled.
    
    Located in the VXV Precinct on the corner of Halsey and Fanshawe Streets in
    Auckland City, the newly completed 16,000 sqm office development is being
    purchased by Wynyard Precinct Holdings Limited, the joint venture between
    Goodman Property Trust and GIC, for $93.2 million.
    
    John Dakin, Chief Executive Officer of Goodman (NZ) Limited said, "This is an
    outstanding property that represents the very best in current building design
    and function.  Leased to a high quality customer on a long term lease, it's a
    landmark office facility that is expected to deliver strong investment
    performance in one of Auckland's most progressive locations."
    
    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:00278172 For:GMT    Type:ASSET      Time:2016-02-23 17:00:28
    				
 
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