FilingReader Intelligence

Goodman Property Trust secures regulatory approvals for Highbrook Fund

September 3, 2025 at 04:50 AM UTCBy FilingReader AI

Goodman Property Trust (GMT) announced on September 3, 2025, that it has received all necessary regulatory approvals for the creation of its new open-ended Highbrook Fund. This follows the initial announcement regarding the fund on May 29, 2025. The final condition remaining for investment in the Highbrook Fund is the completion of new financing arrangements.

GMT is a managed investment scheme listed on the NZX, with a market capitalization of approximately NZD 3.2 bn. This valuation places it among the top 15 listed investment entities in New Zealand. The Trust is recognized as New Zealand's leading provider of warehouse and logistics space.

Goodman Property Trust holds an investment grade credit rating of BBB from S&P Global Ratings, underscoring its financial stability. For further information, interested parties can contact James Spence, chief executive officer, or Andy Eakin, chief financial officer, of Goodman Property Services (NZ) Limited.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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