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News on New Investment

Goodman Property Trust is considering offering up to $100 million of retail bonds to diversify its funding.

Goodman Property may offer $75 million of bonds with oversubscriptions of $25 million. The bonds would mature on December 4, 2020.

Full details will be released later this month and the offer will open early December

Bank of New Zealand and Deutsche Craigs have been appointed joint lead managers and Forsyth Barr is co-manager of the proposed offer.