Share
- Release Date: 31/10/12 15:11
- Summary: ASSET: GMT: GMT sells Downer EDI facility for $6.6 million
- Price Sensitive: No
- Download Document 1.09KB
GMT
31/10/2012 13:11
ASSET
REL: 1311 HRS Goodman Property Trust
ASSET: GMT: GMT sells Downer EDI facility for $6.6 million
Goodman (NZ) Limited ("GNZ"), the Manager of Goodman Property Trust, is
pleased to announce the sale of the Downer EDI facility at Glassworks
Industry Park in Christchurch.
The office building and stand-alone warehouse property is being sold to a
local investor for $6.6 million.
John Dakin, Chief Executive Officer of GNZ, said "Strengthening investor
sentiment has allowed GMT to recycle almost $35.0 million of capital through
its recent sales campaign. Christchurch remains an important investment
market for the Trust and the proceeds from this sale will be reinvested into
local initiatives such as the new facility for PlaceMakers."
The unconditional sale is expected to settle in November 2012.
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:00229133 For:GMT Type:ASSET Time:2012-10-31 13:11:00
