GIC Sells Interest in Auckland RE Portfolio Investment

Posted on 05/18/2018


Goodman (NZ) Limited, the manager of Goodman Property Trust (GMT), and its venture partner sold the VXV office portfolio to funds managed by the Blackstone Group for NZ$ 635 million. Wynyard Precinct Holdings Limited, a property joint venture between GMT (51% ownership) and GIC Private Limited (49% ownership), owns the VXV portfolio and both agreed […]