Goodman Property Trust, owner of Auckland's Highbrook Business Park, reports lower distributable earnings after facing a bigger tax bill.

While net income from rents was 4.3% higher at $55.4 million, various expenses and tax changes saw the slightly reduced distributable profit.

Commercial centre stands to provide another 10,000 jobs.

Listed Goodman Property Trust has found a new chief financial officer to replace George Crawford who recently defected to rival AMP NZ Office Trust.

It has hired Andy Eakin, formerly group reporting manager for Fonterra, a role he held for just over a year.

A chartered accountant, he previously worked at Landco for nearly seven years and spent ten years working at PricewaterhouseCoopers.