GMT Mt Wellington acquisition now unconditional

Further to the announcement of 16 December 2021, Goodman Property Trust is pleased to confirm that the acquisition of the Sky Network Television (SKT) Campus in Mt Wellington is now unconditional. The $56 million purchase includes adjoining properties at 10 Panorama Road and 16 - 34 Leonard Road with a combined site area of 4.5 hectares. SKT is committing to a lease-back over a proportion of the 17,251 sqm facility. Settlement is expected on 18 March 2022. For further information please contact: John Dakin Chief Executive Officer Goodman (NZ) Limited (021) 321 541 James Spence Director Investment Management Goodman (NZ) Limited (021) 538 934 Andy Eakin Chief Financial Officer Goodman (NZ) Limited (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 $3.4 billion, ranking it in the top 20 of all listed investment vehicles. The Trust is New Zealand's leading warehouse and logistics space provider. It has a substantial property portfolio, with a value of $4.3 billion at 30 September 2021. The Trust also holds an investment grade credit rating of BBB from S&P Global Ratings. The Manager of the Trust is Goodman (NZ) Limited, a subsidiary of the ASX listed Goodman Group. Goodman Group is a A$68.2 billion specialist global manager of warehouse and logistics real estate. End CA:00387993 For:GMT Type:GENERAL Time:2022-02-25 14:28:15