- Release Date: 16/12/14 10:00
- Summary: ASSET: GMT: GMT Sales Programme Approaches $150 million
- Price Sensitive: No
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GMT 16/12/2014 10:00 ASSET PRICE SENSITIVE REL: 1000 HRS Goodman Property Trust ASSET: GMT: GMT Sales Programme Approaches $150 million Goodman (NZ) Limited ("GNZ"), the Manager of Goodman Property Trust, is pleased to announce the sale of Enterprise Park in Wiri. The multi-customer industrial facility has been sold to a private local investor for $53.2 million. The unconditional sale, which is due to settle in March 2015, increases the value of asset sales achieved in the first nine months of FY15 to almost $150 million. John Dakin, Chief Executive Officer of GNZ, said "Financing new development and investment activity through asset recycling is facilitating the Trust's business growth. The Enterprise Park sale continues a successful asset disposal programme that is delivering strong profits while allowing us to accelerate the Trust's development programme. It's a value adding strategy that is converting the Trust's strategic land holdings into high quality, income producing, industrial and office park assets." 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:00258960 For:GMT Type:ASSET Time:2014-12-16 10:00:22
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Ann: ASSET: GMT: GMT Sales Programme Approaches $150 million
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