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Goodman Sells South Sydney Property for $100m

Tuesday, 5 March 2013

Goodman confirms that it has contracted to sell 19-33 Kent Road, Mascot to Meriton for $100m.

The disposal forms part of Goodman’s active portfolio management strategy. Goodman will look to enhance the quality of its portfolio through the increasing trend of urbanisation and property renewal in its key markets.

- Ends -

For further information, please contact Goodman:

Mathew Werner
Group Corporate Communications Manager
+61 2 9230 7159

About Goodman

Goodman Group is an integrated property group with operations throughout Australia, New Zealand, Asia, Europe, the United Kingdom, North America and Brazil. Goodman Group, comprised of the stapled entities Goodman Limited and Goodman Industrial Trust, is the largest industrial property group listed on the Australian Securities Exchange and one of the largest listed specialist fund managers of industrial property and business space globally.

Goodman’s global property expertise, integrated own+develop+manage customer service offering and significant fund management platform ensures it creates innovative property solutions that meet the individual requirements of its customers, while seeking to deliver long- term returns for investors.