Goodman Property Trust : Lease to AT at VXV20 Confirmed
September 13, 2016 at 08:10 pm EDT
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Further to the announcement of 17 May 2016, Goodman (NZ) Limited is pleased to confirm that Auckland Transport has leased the VXV20 Building. Located opposite the Fonterra Centre, on the corner of Halsey and Fanshawe Streets in central Auckland, the 14,085 sqm office building will be extensively refurbished prior to the commencement of the new nine year lease in November 2017.
John Dakin, Chief Executive Officer of Goodman (NZ) Limited said, 'Securing a new customer commitment, 7 months ahead of the expiry of the Vodafone tenancy, is a great result for the business. It's an iconic building in a superb location and we will be upgrading the office areas and building services to provide Auckland Transport with a modern and efficient work environment for its 1,600 staff.'
The property is owned within the Wynyard Precinct joint venture between Goodman Property Trust and GIC, the sovereign wealth fund of Singapore.
For more information please call:
John Dakin
Chief Executive Officer
Goodman (NZ) Limited
(09) 375 6063
(021) 321 541
About Goodman Property Trust:
GMT is an externally managed unit trust, listed on the NZX with a market capitalisation of around $1.7 billion. The Manager of the Trust is a subsidiary of the ASX listed Goodman Group, Goodman Group are also the Trust's largest investor with a cornerstone unitholding of 20.7%.
GMT is New Zealand's leading industrial and business space provider. It has a substantial property portfolio, with a value in excess of $2.3 billion, that accommodates more than 280 customers. The Trust holds an investment grade credit rating of BBB from Standard & Poor's.
Goodman Property Trust published this content on 14 September 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 14 September 2016 00:10:06 UTC.
Original documenthttp://nz.goodman.com/investor-centre/goodman-property-trust-units/nzx-announcements/20160914-lease-to-at-at-vxv20-confirmed
Public permalinkhttp://www.publicnow.com/view/C70424E2D162FFDD6A3077F51E573F4432E9E88B
Goodman Property Trust is a New Zealand-based company, which is a warehouse and logistics space provider. In New Zealand, the Company owns, develops and manages urban logistics space. The Companyâs invested properties include Highbrook Business Park, East Tamaki; Savill Link, Otahuhu; M20 Business Park, Manukau; The Gate Industry Park, Penrose; and Westney Industry Park, Mangere. The Companyâs customers include New Zealand Post, Mainfreight, DHL, Freightways, Officemax, Coda, Fletcher Building, Cotton On Clothing, Linfox, Supply Chain Solutions, Toll, Steel & Tube, Turners & Growers, Frucor Suntory, Asaleo Care, Viridian Glass, Metroglass, NCI Packaging, Cottonsoft, and Ingram Micro. The Company operates in key consumer markets in 14 countries across Asia Pacific, Europe and the Americas.