GMT Completes Acquisitions

Further to the announcement of 12 September 2019, Goodman (NZ) Limited (Manager of Goodman Property Trust) is pleased to advise that the acquisition of the T&G Global facility at 2-6 Monahan Road, Mt Wellington has been completed. The purchase of the three adjoining sites at 42, 60 and 70 Favona Road in Mangere, announced on 5 December 2018, has also been completed. For further information please contact: Andy Eakin Chief Financial Officer Goodman (NZ) Limited (09) 375 6077 (021) 305 316 About Goodman Property Trust: GMT is an externally managed unit trust, listed on the NZX. It has a market capitalisation of around $3.0 billion, ranking it in the top 20 of all listed investment vehicles. The Manager of the Trust is a subsidiary of the ASX listed Goodman Group, Goodman Group is also the Trust's largest investor with a cornerstone unitholding of 22%. GMT is New Zealand's leading industrial space provider. It has a substantial property portfolio, with a current market value of $2.9 billion. The Trust holds an investment grade credit rating of BBB from Standard & Poor's. End CA:00341689 For:GMT Type:GENERAL Time:2019-09-26 16:07:35