GMT Credit Rating Reaffirmed

Level 2, 18 Viaduct Harbour Avenue, Auckland | PO Box 90940, Victoria Street West, Auckland 1142
Tel +64 9 375 6060 | www.goodman.com/nz

nzx release+
GMT Credit Rating Reaffirmed
Date 5 September 2022
Release Immediate
Goodman (NZ) Limited, the Manager of GMT is pleased to advise that the Trust’s
investment grade credit rating of BBB/stable has been reaffirmed by Standard & Poor’s.

The Trust’s senior secured debt facilities, including its bonds, are rated one notch higher at
BBB+.

For further information, please contact:
Andy Eakin
Chief Financial Officer
Goodman (NZ) Limited
(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 $3.1 billion, ranking
it in the top 20 of all listed investment vehicles. The Trust is New Zealand’s leading warehouse and logistics space
provider. It has a substantial property portfolio, with a value of $4.8 billion at 31 March 2022. The Trust also holds an
investment grade credit rating of BBB from S&P Global Ratings.

The Manager of the Trust is Goodman (NZ) Limited, a subsidiary of the ASX listed Goodman Group. Goodman Group is
a A$73.0 billion specialist global manager of warehouse and logistics real estate.