GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Goodman Property Trust (NZSE:GMT) » Definitions » Short-term investments

Goodman Property Trust (NZSE:GMT) Short-term investments


View and export this data going back to 1999. Start your Free Trial

What is Goodman Property Trust Short-term investments?

Short-term investments only applies to insurance companies.


Goodman Property Trust (NZSE:GMT) Business Description

Traded in Other Exchanges
N/A
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.