GMT Christchurch Assets

Monday, 6 September 2010, 10:19 am
Press Release: Goodman Property Trust

nzx release+
GMT Christchurch Assets
Date 6 September 2010
Release Immediate

Goodman Property Trust has reported that, following initial inspections, its Christchurch portfolio has been largely unaffected by Saturday morning’s earthquake.

A preliminary assessment of Glassworks Industry Park in Hornby, Show Place Office Park in Addington and Southpark Industrial Estate in Middleton has revealed no significant damage and these facilities remain operational.

Full engineering inspections and structural reviews will be completed over the next few days as a further precautionary measure.

John Dakin, Chief executive Officer of Goodman (NZ) Limited said, “We will be working closely with our customers to ensure safety is maintained and that they can continue their business operations through this very disruptive period for Christchurch”.

The three Christchurch facilities make up approximately 10% of the Trust’s $1.5 billion property portfolio. The portfolio is fully insured for earthquake damage.

ENDS

Business Headlines | Sci-Tech Headlines

BUSINESS, SCIENCE & TECH > >

Stats: Rugby World Cup Visitors Spent $390 Million

Visitors to New Zealand for the Rugby World Cup spent around $390 million, according to the International Visitors Survey released by the Ministry of Economic Development today. More>>

ALSO:

QV Valuations - Nationwide values continue to increase
Statistics NZ - Food prices remain unchanged in January 2012

Scoop Business: SCF Accused Name Suppression Lapses

Name suppression for the last two people accused of committing a $1.7 billion fraud though failed lender South Canterbury Finance lapsed today. More>>

ALSO:

TV3 Video - South Canterbury Finance fraud five named
Scoop Business - Tax relief for some former Hanover investors, IRD says - Feltex liquidators issue proceedings against Ernst & Young
NZ Police - Man charged in relation to Allan Hubbard crash

Scoop Business: Over—paying Just As Risky As Underpaying, Says Hudson

Overpaying employees is just as risky as underpaying them, according to recruitment firm Hudson’s latest report, as no organisation wants to be represented by someone driven by price. More>>

ALSO:

2007 image Scoop Review - The Money Conversation - Still Lurking A Week On

Scoop Business: Lloyd Morrison Leaves Big Shoes To Fill In NZ Leadership

With the untimely death of Wellington businessman and identity Lloyd Morrison at the age of 54, New Zealand has lost one of its singular characters, let alone business leaders. More>>

ALSO:

Scoop Business - Infratil founder Lloyd Morrison dead at 54
NZ Govt - PM pays tribute to Lloyd Morrison
Labour - Wellington and New Zealand loses a man of passion
Wellington Phoenix - Wellington Phoenix Co-Owner Lloyd Morrison Dies
Wellington City Council - Lloyd Morrison a ‘passionate, forthright Wellingtonian’
Wellington Employers' Chamber of Commerce - Lloyd Morrison’s Death a Great Loss to Wellington

NIWA: Experts Set Sail To See How The Ocean Creates Clouds

Next week, NIWA’s research vessel Tangaroa will set sail for the Chatham Rise, for an international study of how microscopic organisms in the surface waters may affect the creation of clouds. This work is important because, “We need to understand ... More>>

ALSO

NIWA - Our Far South voyage sets sail
WWF-NZ - Our Far South voyage to highlight threatened pristine ocean

New Notice: Seven Day Full Strike For Ports Of Auckland

The Maritime Union has this afternoon placed a new 7 day full strike notice on the Ports of Auckland. Strike action would start 7am on 24 February 2012. More>>

ALSO:

Ports of Auckland - Port comment following mediation with MUNZ - Comment re: reports of strike action
Maritime Union - Ports of Auckland management attack free speech - Port management "apple pie" comment - contempt for workforce - Port management at odds with port owners - Ports of Auckland workers take their cause to the streets
Victoria University - Ports of Auckland—does outsourcing improve productivity?
Rail And Maritime Transport Union - Publically owned companies should protect, not destroy, jobs
NZ Alliance Party - Alliance Party supports Ports of Auckland workers

Open Letter To Minister: Potential Harm In Changes To Ethics Committee

NZ Bioethics conference participants were concerned that the changes represented a major erosion of protection of research participants and a departure from international standards. For that reason they agreed it was vital to bring our concerns to the attention of the Government and the public. More>>

Scoop Business: NZ Annual Jobs Growth ‘Broadly Positive’, Jobless Rate Falls

New Zealand’s annual jobs growth shows the economy is moving in the right direction, with the unemployment rate falling to a 21-month low on a sharp rise in the number of part-time workers. More>>