Goodman looks to change investment structure to a stapled model
NZ’s largest listed industrial and logistics player says there were some investment and tax benefits to 'corporatising' the fund.
Highbrook Business Park in Auckland.
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Goodman Property Trust, which manages a $4.7 billion portfolio of industrial and logistics properties, says it will move from a unit trust structure and staple the fund to another entity.
The new offering would be similar to Precinct Properties' stapled structure, and would include its new $2.1b
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