Brief: Goodman Property Trust updates on sale of office properties

Goodman New Zealand and Goodman Property Services

02/10/2016 22:09

Oct 3 (Reuters) - Goodman Property Trust  GMT.NZ  : 
    * Price has been revised, from NZ$206.0 million to NZ$210.0 
million 
    * Sales proceeds of around NZ$300 million expected this 
financial year 
    * Confirm that sale of GMT's three office properties located 
at 600-604 great south road in Greenlane is now unconditional 
    * To facilitate transaction GMT will also provide an equity 
underwrite to Oyster Management Ltd of up to NZ$12 million 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nNZSc7fa 
Further company coverage:  GMT.NZ  
 
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