GMT Mt Wellington acquisition now unconditional

Level 2, 18 Viaduct Harbour Avenue, Auckland | PO Box 90940, Victoria Street West, Auckland 1142
Tel +64 9 375 6060 | www.goodman.com/nz

nzx release+
GMT Mt Wellington acquisition now unconditional
Date 25 February 2022
Release Immediate
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 James Spence
Chief Executive Officer Director Investment Management
Goodman (NZ) Limited Goodman (NZ) Limited
(021) 321 541 (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.