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CASE STUDY
Goodman Property Trust is New Zealand’s largest listed property investor by market capitalisation. It is a high-quality business built around a substantial portfolio, a wide customer base and a proven development capability.
Goodman Property Trust (GMT) is an NZX-listed unit trust and New Zealand’s leading warehouse and logistics space provider.
With a $4.8 billion property portfolio (31 March 2023) it is a high-quality business built around a wide customer base and a proven development capability.
GMT invests for the long-term, delivering sustainable property solutions that provide essential business infrastructure for a growing digital economy. An investment strategy focused on the Auckland industrial market provides customers with over one million sqm of space close to major transport infrastructure and large consumer markets.
GMT’s commitment to a sustainable, low-carbon future is reflected in the carbonzero certification for its business operations from Toitu. The Trust’s development programme is also committed to carbon neutral and Green Star rated projects.
With a market capitalisation of around $3.1 billion (17 May 2023) GMT is one of the NZX’s largest listed issuers. The Trust has an investment grade credit rating of “BBB” from Standard & Poor’s Global Ratings.
The Manager of GMT is the ASX listed Goodman Group, which also holds a 25.2% cornerstone Unitholding in the Trust.
We build mutually beneficial, long-term relationships with our customers who include international market leaders across a broad range of industry sectors.