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Goodman Property Trust (NZSE:GMT) Cash Payments for Deposits by Banks and Customers


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What is Goodman Property Trust Cash Payments for Deposits by Banks and Customers?

Cash Payments for Deposits by Banks and Customers only applies to banks.


Goodman Property Trust (NZSE:GMT) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Goodman Property Trust (NZSE:GMT) » Definitions » Cash Payments for Deposits by Banks and Customers
Traded in Other Exchanges
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Address
The Hayesbery, 1-11 Hayes Road, Rosebery, Sydney, NSW, AUS, 2018
Goodman Property Trust is one of New Zealand's property trusts, with a portfolio composed of industrial estates, businesses, and a development bank. After selling its Christchurch assets, Goodman is 100% Auckland-centric. The focus over the next few years will be on selling lower-quality assets and redeploying capital to industrial property in strategically important locations. The investment strategy is premised on management's view that industrial assets in premium locations will generate superior long-term returns from lower average vacancy and higher rent growth.