- Release Date: 09/07/12 11:27
- Summary: ASSET: GMT: GMT Sells Vector Centre
- Price Sensitive: No
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GMT 09/07/2012 09:27 ASSET REL: 0927 HRS Goodman Property Trust ASSET: GMT: GMT Sells Vector Centre Goodman (NZ) Limited ("GNZ"), the Manager of Goodman Property Trust ("GMT"), is pleased to announce the sale of the Vector Centre at 101 Carlton Gore Road in Newmarket. The refurbished office building is being sold to a private investor for $20.35 million. John Dakin, Chief Executive Officer of GNZ, said "We have continued to take advantage of a strengthening investment market to recycle capital into more growth orientated opportunities. The proceeds of this sale, and the earlier disposal of 120 Pavilion Drive will be reinvested into the Trust's value adding development programme where we are experiencing strong levels of customer enquiry." The unconditional sale is expected to settle later in July 2012. For further information, please contact: John Dakin Chief Executive Officer Goodman (NZ) Limited 09) 375 6063 021) 321 541 End CA:00224760 For:GMT Type:ASSET Time:2012-07-09 09:27:42
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