GIC JV acquires NZ office property in $42.7m deal

Mountains and lakes in New Zealand.

Goodman (NZ) Limited, the Manager of Goodman Property Trust, a joint venture (JV) between Goodman (NZ) Limited, the Manager of Goodman Property Trust (Trust or GMT) and Singapore’s sovereign wealth fund GIC will acquire Bayleys House for a consideration of NZ$62.3 million ($42.7 million).

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