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Goodman Property portfolio hits $3b

Revaluation gains and warehouse demand boost profits.

Andrew Bevin Thu, 14 Nov 2019

The wind is still under the industrial property market sail as Goodman Property Trust posted a $224.3 million first-half profit, up 278% on the back of revaluation gains.

The revaluation gains for the six months to September 30 lifted 6% to $172.4m,  with the worth of the portfolio now sitting

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Andrew Bevin Thu, 14 Nov 2019
Contact the Writer: andrew@nbr.co.nz
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Goodman Property portfolio hits $3b
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