Goodman Property plans $20.7 mln developments in Christchurch

Tue, 08 Oct 2013

Oct. 9 (BusinessDesk) - Goodman Property Trust, the country’s biggest listed property investor by market value, is planning two developments at Christchurch’s Glassworks Industry Park for a combined cost of some $20.7 million. The developments are a pre-committed warehouse and distribution facility for logistics operator DHL and a multi-unit development with tyre maker Bridgestone NZ as an anchor tenant, the property trust’s manager, Goodman (NZ), said in a statement. The project will add 12,147 spare metres to its investment portfolio. “W...

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