Goodman (NZ) Limited is delighted to declare that the 2012 Yearly Report for Goodman Property Trust and GMT Bond Issuer Limited is now accessible.

The report on the web comprises a video review of the outcome from Chief Executive Officer, John Dakin.

The report can be accessed from the Trust’s internet site or by clicking on the link: www. goodmanreport. co. nz/2012.

Goodman (NZ) Limited, the manager of Goodman Property Trust is contented to declare the Trust’s annual outcome for the year ended on March 31, 2012.

The main highlights comprise:

- A 24.4% augmentation in PBT to $53.5 million.
- Distributable income before tax of $80.9 million.
- Complete year cash distributions of 6.25 cents per unit.

Even after the fact that Goodman Property Trust posted a little change in its first half revenue figures, experts are of a view that the company is sailing in a steady ship.

Moreover, the company also pointed out the fact that the increased finance cost eroded the distributable earnings of the company.

Goodman Trust’s Chief Financial Officer, George Crawford has joined AMP NZ Office Trust. This is the second man from Goodman Trust to join AMP NZ Office. The first man was Mr. Scott Pritchard, who had joined as a new chief executive last month.

Listed commercial office property investor AMP NZ Office Trust is reported to have hired its new Chief Executive. Scott Pritchard, the Goodman Property Trust Fund Manager, has been named for the post.

The veteran would take over his post on September 6 and will be based in Auckland.

Mr. Pritchard had most recently worked as a Fund Manager for the NZX listed Goodman Property Trust.

Goodman Property Trust is considering the property market gets better, but anticipates the impacts of higher interest costs and inferior property evaluations to strike proceeds of this year.

The organization posted an after-tax loss of $NZ7 million, $A5.6 million, for the year ended March 31 owing to a delayed tax charge, a development on the preceding year's net loss of $NZ74.1, $A59.30m.