Friday, 22 February 2019


SECISSUE: GMT: GMT Allotment of New Units

29 Nov 2017 10:34NZX
Following amendments to the Trust Deed of Goodman Property Trust on 5 August
2014 Goodman (NZ) Limited, the Manager of the Trust, is required to use its
base management fee to subscribe for new units in GMT.

The Manager hereby advises the NZX of the allotment of the undermentioned
securities and requests these securities be listed and quoted on NZX.

(a) Class of security and ISIN; Goodman Property Trust Units, ISIN
(b) Number of Units issued; 3,679,267
(c) Issue price; 135.660 cents per unit
(d) Was payment received in cash; Yes, pursuant to the Trust Deed
(e) Amount paid up; Not applicable
(f) Percentage of the total class issued; 0.29% of the units on issue
immediately prior to the issue of these new units
(g) Reason for issue; Requirement for the Manager to use its base management
fee, for the period 1 April 2017 to 30 September 2017, to subscribe for new
units in GMT
(h) Specific authority for the issue; Authorisation of the Independent
Directors in accordance with the Trust Deed
(i) Terms of the issue; The units will rank equally in all respects with the
existing units in Goodman Property Trust at the date on which they are issued

(j) Total number of units in existence after the issue; 1,287,781,937
(k) Are units held as treasury stock; No
(l) Date of the issue; 29 November 2017

For further information please contact:
Andy Eakin
Chief Financial Officer
Goodman (NZ) Limited
(09) 375 6077
(021) 305 316

About Goodman Property Trust:
GMT is an externally managed unit trust, listed on the NZX. It has a market
capitalisation of around $1.7 billion, ranking it in the top 20 of all listed
investment vehicles. The Manager of the Trust is a subsidiary of the ASX
listed Goodman Group, Goodman Group is also the Trust''s largest investor with
a cornerstone unitholding of 21%.

GMT is New Zealand''s leading industrial and business space provider. It has a
substantial property portfolio, with a value of $2.4 billion, which
accommodates around 200 customers. The Trust holds an investment grade credit
rating of BBB from Standard & Poor''s
End CA:00311137 For:GMT    Type:SECISSUE   Time:2017-11-29 10:34:34
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