Goodman Property Trust
GMT
Company Profile
Business description
Goodman Property Trust is one of New Zealand's property trusts, with a portfolio composed of industrial estates, businesses, and a development bank. After selling its Christchurch assets, Goodman is 100% Auckland-centric. The focus over the next few years will be on selling lower-quality assets and redeploying capital to industrial property in strategically important locations. The investment strategy is premised on management's view that industrial assets in premium locations will generate superior long-term returns from lower average vacancy and higher rent growth.
Contact
The Hayesbery, 1-11 Hayes Road
Rosebery
SydneyNSW2018
AUST: +61 292307400
Sector
Real Estate
Stock type
Cyclical
Industry
REIT - Industrial
Fiscal Year End
31 March 2025
Employees
65
Morningstar Investment Ideas
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