Goodman Property Trust (NZSE:GMT)
NZ$ 2.12 0.01 (0.47%) Market Cap: 3.25 Bil Enterprise Value: 4.76 Bil PE Ratio: 0 PB Ratio: 1.07 GF Score: 68/100

Goodman Property Trust General Unitholders Meeting Transcript

GMT
Release Date Price: NZ$2.19 (+0.92%)
Keith Raymond Smith
Goodman Property Trust - Independent Chairman of the Board

Good afternoon, ladies and gentlemen, and welcome to this Annual Meeting of Unitholders. I'm Keith Smith, Independent Director and Chairman of Goodman New Zealand Limited, the Manager of Goodman Property Trust.

Adopting a virtual format for this year's meeting reflects the unique times in which we are living. While our preference was to hold a physical meeting, the potential disruption from COVID-19 made a webcast the more appropriate format for this year's event. The uncertainty created by an extended lead time, the travel restrictions on our Australian-based directors and the possible health and safety risks of a public gathering into virtual meeting was the most pragmatic solution.

Today's presentations will focus on the recent operating performance of the Trust and the strategy for a more challenging economic environment. The meeting will also consider one ordinary resolution relating to the reappointment of Susan Paterson as an independent director.

A key difference between a virtual meeting and a physical one is in

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