Goodman Property Trust (NZSE:GMT) agreed to acquire Sky Network Television Campus for NZD 56 million on December 16, 2021. With settlement expected in March 2022, the acquisition remains conditional on further due diligence and Goodman (NZ) Limited Board approval. As of February 25, 2022, GMT Mt Wellington acquisition now unconditional. Purchase includes adjoining properties at 10 Panorama Road and 16 – 34 Leonard Road with a combined site area of 4.5 hectares. SKT is committing to a lease-back over a proportion of the 17,251 sqm facility. Settlement is expected on 18 March 2022.

Goodman Property Trust (NZSE:GMT) completed the acquisition of Sky Network Television Campus on March 18, 2022.