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Goodman Property weathers the storm

Source: Scoop
Wellington : New Zealand | about 1 month ago  
Views: 1
Goodman Property profit shrinks as it pays back debt; credit rating affirmed by Paul McBeth Nov. 5 (BusinessWire) – Goodman Property Trust (GMT), the property investor, posted a smaller half-year distributable profit as it paid down debt and lost some tenants.
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  • News Source: Wellington Dominion | 25 days ago
    Goodman Property Trust is looking to raise $150 million to lessen dependence on its banks after posting a drop in interim earnings. The listed landlord's net profit for the six months ended September 30 was $13.2m compared to an $11.3m loss in the...
  • News Source: New Zealand Herald | 25 days ago
    Goodman, which owns real estate worth $1.5 billion, including much of the Highbrook Business Park, made $38.5 million in distributable earnings for the six months to September 30, down on last year's $42.7 million for the same period. Goodman's net...
  • News Source: Scoop | 25 days ago
    Goodman Property profit shrinks as it pays back debt; credit rating affirmed by Paul McBeth Nov. 5 (BusinessWire) – Goodman Property Trust (GMT), the property investor, posted a smaller half-year distributable profit as it paid down debt and lost...
  • News Source: Xtra News | 25 days ago
    Goodman Property Trust interim profit falls Thursday November 5, 01:02 PM Increased interest costs and a small reduction in portfolio occupancy reduced Goodman Property Trust's distributable interim earnings to $38.5 million from $42.7m last year. A...
  • News Source: Wellington Dominion | 25 days ago
    Goodman Property Trust posted its interim results today which showed performance that was "right in line with expectations". Net profit for the six months ended September 30 was $13.2 million after writing off $22 million on asset values.  This...
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  • Blog Source: purenzproperty.com
    Increased interest costs and a small reduction in portfolio occupancy reduced Goodman Property Trust's interim earnings to $38.5 million from $42.7m last year.A devaluation of $22m reduced reported net profit in the six months… ...
  • Blog Source: www.fullhouseinvesting.com
    Nov. 5 (BusinessWire) – Goodman Property Trust (GMT), the property investor, posted a smaller half-year distributable profit as it paid down debt and lost some tenants.
  • Blog Source: business.scoop.co.nz
    Nov. 5 (BusinessWire) – New Zealand shares fell, led by property investors AMP NZ Office Trust and Kiwi Income Property Trust after Goodman Property Trust posted weaker earnings and investors pondered capital raisings in the sector. ...
  • Blog Source: hdlns.com
    Increased interest costs and a small reduction in portfolio occupancy reduced Goodman Property Trust's distributable interim earnings to $NZ38.5 million ($A30.8 million) from $NZ42.7m ($A34.16m) last year.
  • Blog Source: www.findata.co.nz
    Goodman (NZ) Limited, the manager of Goodman Property Trust ("GMT" or "Trust") is pleased to announce the Trust''s interim financial result. The Trust delivered a sound operating performance in the six months ended 30 September 2009, consistent with
  • Blog Source: www.fullhouseinvesting.com
    While Goodman Property Trust's operating revenue improved during the six months to September 30, its occupancy worsened. It now seeks its unitholder's help raising capital to reduce debt, with a $100 million bond issue about to open.
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