GMT
28/10/2014 11:06
ASSET
REL: 1106 HRS Goodman Property Trust
ASSET: GMT: GMT Achieves Strong Sale Results
Goodman (NZ) Limited ("GNZ"), the Manager of Goodman Property Trust, is
pleased to announce further asset disposals as part of its ongoing sales
programme.
Two industrial facilities at Glassworks Industry Park and a low rise office
building at Southpark Industrial Estate in Christchurch, have been sold to
private investors for a combined price of $18.9 million.
John Dakin, Chief Executive Officer of GNZ, said "These latest sales have
been achieved at market leading yields, generating positive gains for the
Trust. We've taken advantage of the strong investment market and have
contracted almost $65.0 million in asset sales already this year. The capital
is being recycled back into the portfolio, funding new office and industrial
development projects in both Auckland and Christchurch."
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:00256886 For:GMT Type:ASSET Time:2014-10-28 11:06:23
