Goodman Property expands development plans with projects totalling $45.8 mln

Sun, 07 Jun 2015

By Paul McBeth June 8 (BusinessDesk) - Goodman Property Trust, the country's second-biggest listed property investor, has ratcheted up development plans with four new industrial projects in Auckland worth $45.8 million. The Auckland-based property firm's developments will add 27,112 square metres of rentable area to its portfolio, which it anticipates will generate annual revenue of $3.4 million, trust manager Goodman (NZ) said in a statement. Goodman Property will develop a manufacturing and warehousing facility for Orora Packaging at it...

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