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 r eaffirmed
Date 18 September 2023
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 Offic er
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 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 forecast value of $4.7 billion at 30 September 2023. 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
an A$81 billion specialist global manager of warehouse, logistics and data centre real estate.