Goodman accepts a $635m 'opportunistic' offer from Blackstone
Rents for industrial properties are growing at unprecedented rates.
Jenny Ruth Fri, 18 May 2018
The manager of Goodman Property Trust says Blackstone made an opportunistic approach to buy its Wynyard joint venture portfolio for $635 million but the price was right.
Blackstone is one of the world’s largest property investors.
Goodman, which owns 51%, and the sovereign wealth fund of
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