Commercial

Goodman Property Trust’s record year

Goodman Property Trust has recorded an after-tax operating profit of $51.8 million; a 48% increase on its 2006 results.

Thursday, July 26th 2007

Revaluations added a further $65.9 million to the value of its portfolio, bringing the total net profit after tax to $117.8 million.

It has been an eventful year for the Trust with acquisitions of $190 million, disposals of $82 million and an institutional placement in November 2006 raising $96 million to fund its investment and development programme.

Goodman CEO John Dakin says objectives that had been pursued over the year include: 
· extending development capability to take advantage of continuing occupier demand for purpose built facilities;
· establishing a presence in the key Christchurch market; and
· refining its investment portfolio through active management and a targeted investment and disposal programme.

Heartland Bank - Online 6.69
SBS FirstHome Combo 6.74
Wairarapa Building Society 6.95
Unity 6.99
Co-operative Bank - First Home Special 7.04
ICBC 7.05
China Construction Bank 7.09
BNZ - Classic 7.24
ASB Bank 7.24
ANZ Special 7.24
TSB Special 7.24
Unity First Home Buyer special 6.45
Heartland Bank - Online 6.45
China Construction Bank 6.75
TSB Special 6.75
ICBC 6.75
ANZ Special 6.79
ASB Bank 6.79
AIA - Go Home Loans 6.79
Kiwibank Special 6.79
BNZ - Classic 6.79
Unity 6.79
Westpac Special 6.39
China Construction Bank 6.40
ICBC 6.49
SBS Bank Special 6.55
Kiwibank Special 6.55
BNZ - Classic 6.55
Co-operative Bank - Owner Occ 6.55
ASB Bank 6.55
AIA - Go Home Loans 6.55
TSB Special 6.59
Kainga Ora 6.99
SBS FirstHome Combo 6.19
AIA - Back My Build 6.19
ANZ Blueprint to Build 7.39
Credit Union Auckland 7.70
ICBC 7.85
Heartland Bank - Online 7.99
Pepper Money Essential 8.29
Co-operative Bank - Owner Occ 8.40
Co-operative Bank - Standard 8.40
First Credit Union Standard 8.50
Kiwibank 8.50

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