Report
Tony Sherlock
EUR 147.86 For Business Accounts Only

Goodman's assets are relatively new, with most containing attractive on-site facilities.

As foreshadowed in its full-year result presentation in May, Goodman Property Trust is reducing its exposure to the Auckland office market. In a conditional sale, Goodman is selling three Auckland office assets in the Greenlane office precinct. The notional sale price is NZD 206 million, representing a passing yield of 7.25%, but when settlement occurs in December, the final price is expected to be up to 3% higher if Goodman can increase occupancy from the current 92% and hence passing rents pri...
Underlying
Goodman Property Trust

Goodman Property Trust is engaged in investment in real estate in New Zealand.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Tony Sherlock

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