Goodman trust's properties rise another $150m

Thu, 24 Mar 2022

Goodman Property Trust's manager said its annual results will show a further $150 million property valuation gain on top of the $504.7m gain reported in the first half.That would take the portfolio's value to about $4.7 billion at March 31."Values of high-quality logistics and warehouse property have continued to increase over the last six months, although at a slower pace," said the manager's chief executive John Dakin."With cap rates stable, it has been strong rental growth and new leasing that have been the main dr...

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