Goodman Property Trust Overview
Pro stress-test →Goodman Property Trust (GMT) is an NZX-listed unit trust and New Zealand's leading warehouse and logistics space provider. The company operates a $4.7 billion property portfolio with a high-quality business built around a wide customer base and proven development capability.
Strategic Profile
Pro stress-test →Externally managed by ASX-listed Goodman Group, the trust is also a real estate developer with design-build and build-to-lease projects in the pipeline. Recent performance reflects resilience with 13.5% increase in net property income to $230.5 million and 7.3% like-for-like rental growth.
Competitive Landscape
Pro stress-test →GMT is New Zealand's leading warehouse and logistics space provider, competing primarily with other industrial REITs in the NZ market. Management by ASX-listed Goodman Group provides operational expertise and access to global capabilities.
Industry Context
Goodman Property Trust operates in Industrial Real Estate Investment Trust (Warehousing & Logistics).
Key facts
Founded: 1999 · Headquarters: Auckland, New Zealand · Market cap: $3B