Locational advances

A preference for logistics facilities in central city locations is a growing trend in developed industrial markets all around the world.

Companies are critically reviewing their real estate requirements and positioning their businesses close to consumers. It simplifies supply chains and creates efficiencies that leverage the growth in online retailing.

GMT’s portfolio is strategically located across Auckland. It includes estates in the established industrial suburbs of East Tāmaki, Māngere, Mt Roskill, Mt Wellington, Ōtāhuhu, Penrose and Wiri. Each estate provides customers with specific benefits unique to that location, examples of these include;

  • Direct motorway access
  • Proximity to the airport or port
  • Inland port facilities
  • Rail sidings


Every one of the Trust’s 11 estates is central to Auckland’s large population base. Geo-spatial analysis shows that the consumer catchment, within a 20-minute delivery radius of any of these estates, has an average $24.5 billion of annual purchasing power.

With few development sites remaining in the portfolio and limited greenfield land opportunities in Auckland, the investment focus has broadened to include assets in these in-fill locations.

Our approach

DJI 925

Mt Wellington Estate

Mt Wellington Estate, located near Sylvia Park Shopping Centre, is a 5.8 hectare property acquired in September 2019 on a sale and lease-back basis from T&G Global.

The property features functional industrial facilities. With access to State Highway 1, via the Mt Wellington interchange, it has excellent connectivity with major freight and transport infrastructure.

With site coverage of just 31% the property offers a range of longer-term development options. These options have been enhanced with the strategic purchase of a neighbouring 1.2 hectare property in May 2020.