Full Year 2023 Goodman Property Trust Earnings Call Transcript
Thank you for standing by, and welcome to the Goodman Property Trust FY '23 Full Year Results Webcast. (Operator Instructions)
I would now like to hand the conference over to Mr. James Spence, Chief Executive Officer. Please go ahead.
Thank you very much. Good morning, and welcome, everyone. I have Andy Eakin, CFO on the call with me.
We'll start over on Page 4. The Auckland industrial market in which GMT is focused remains at capacity. Customer demand, while cautious and considered continues to come from those customers with sophisticated warehousing requirements, looking to build resilience, productivity and efficiency into their networks. Barriers to entry for new development remain high, and in fact, speculative product currently being built into the market equates to less than 1% of the total Auckland stock, which is likely to result in a relatively tight condition going forward.
Our robust capital position, which Andy will outline means we are well placed in an uncertain environment to capitalize on the
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
