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Goodman first-half profit tops $500m as e-commerce booms

Non-cash portfolio gains made up bulk of profit, but underlying measures also increased.

Andrew Bevin Thu, 11 Nov 2021

A hot property market and demand for logistics property has pushed NZX-listed Goodman Property Trust’s first-half profit above $500 million, with underlying earnings also recording growth.

The property trust recorded profit after tax of $555.5 million for the six months ended September 30, up

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Andrew Bevin Thu, 11 Nov 2021
Contact the Writer: andrew@nbr.co.nz
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Goodman first-half profit tops $500m as e-commerce booms
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