Brief: Goodman Property Trust to sell three Auckland office properties for NZ$206 mln

Goodman New Zealand and Goodman Property Services

14/07/2016 24:02

July 14 (Reuters) - Goodman Property Trust  GMT.NZ : 
 * Gmt undertaking further asset sales 
 * Entered into a conditional contract to sell three Auckland office properties 
   for $206 million 
 * Says transaction will have a positive impact on debt levels, reducing the 
   trust's loan to value ratio by around 5% 
 * Sale to Oyster Management Ltd, includes the two millennium office estates and 
   the yellow hq building 
 * All figures in nz$ 
 
* Source text for Eikon  ID:nNZW3x6Whm  
 
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