New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

Goodman Property Trust / Equity Bottom-Up

<ul><li>Goodman Property Trust (GMT) reported a solid FY24 result to draw a line under its era as an externally managed vehicle.</li><li>FY25 guidance for cash earnings of 7.5cps and distributions of 6.5cps was unchanged from the management internalisation proposal.</li><li>This guidance and GMT's medium-term targets are dependant on growing its own asset management business, partly from selling down its current portfolio. </li></ul>

Goodman Property Trust (GMT) reported a solid FY24 result to draw a line under its era as an externally managed vehicle.FY25 guidance for cash earnings of 7.5cps and distributions of 6.5cps was unchanged from the management internalisation proposal.This guidance and GMT's medium-term targets are dependant on growing its own asset management business, partly from selling down its current portfolio. 

Goodman Property Trust - FY24 Result — Moving Forward