Loss: Down 497% to a loss of $163.2m due to property devaluation.
Main takeaway: The demand for industrial type-properties remains resilient despite challenging economic conditions.
NZX-listed property vehicle Goodman Property Trust slid into the red over the first half of the 2024 financial year, due to a large devaluation of its property portfolio.
But the company maintains that the industrial property market it operates in – providing logistics and warehousing space to
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