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.
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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