Goodman signals $415 million second half portfolio revaluation

AUCKLAND: Goodman (NZ) Limited, the Manager of Goodman Property Trust (GMT), advises that GMT’s financial result for the year ending 31 March 2021 is expected to contain a significant property revaluation gain. Draft valuation reports from independent valuers indicate that GMT’s property portfolio will post a second half gain of approximately $415 million or around…