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- 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
