Goodman Property expects to boost payments to unit holders in 2014, signals further investments

Tue, 06 Aug 2013

By Tina Morrison Aug 6 (BusinessDesk) – Goodman Property Trust, the largest property investor by market value on the NZX, expects to increase payments to unitholders by as much as 2.3 percent in 2014, and signalled further investments are likely. Pretax distributable earnings for 2014, a measure favoured by property investors as it strips out unrealised movements in property values, are expected to be between 8.2 cents per unit and 8.4 cents per unit, from 8.21 cents per unit in 2013, chief financial officer Andy Eakin said in notes for deliv...

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