Goodman, Stride announce a flurry of property transactions

Thu, 20 Dec 2018

By Jenny Ruth Dec. 21 (BusinessDesk) - Listed property vehicles Goodman Property Trust and Stride Property Group have announced a flurry of end-of-year transactions of Auckland properties to reposition their portfolios. Hot on the heels of announcing the $29 million purchase of an industrial property at Mangere, Goodman has agreed to sell its Concourse property in Henderson to Stride for $35 million. Stride simultaneously announced the $50.5 million sale of an ASB Bank-tenanted property at Albany to Oyster Management, another fund mana...

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