Goodman has pivoted to focus on the industrial market.

The block includes the offices of a number of major firms.

Goodman Property Trust lifted annual earnings 4.2% as the country's second-biggest listed property investor benefited from cheaper interest costs.

Dairy giant plans to move into new 1.6ha international headquarters early next year.

Goodman Property Trust, the country's second-biggest listed property investor, has ratcheted up development plans with four new industrial projects in Auckland worth $45.8 million.

New Zealand shares rose yesterday, heading back towards a record high after a two-day slide.

Goodman Property Trust's decision to sell a 49 per cent interest in its Auckland Viaduct properties has made a large number of unit holders very, very angry.

Professional investors have questioned the value to Goodman Property Trust of Singapore's Government Investment Corporation's acquisition of a 49 per cent stake in Auckland's Viaduct Quarter.

Singapore's sovereign wealth fund has bought a half stake in some of Auckland's newest commercial buildings in the Viaduct Quarter.

NZ shares rose yesterday, led by Goodman Property Trust, after the property investor said full-year net profit rose 72 per cent. Trade Me and Xero paced the gains while Ryman Healthcare fell ahead of reporting earnings today.

Giant listed landlord Goodman Property Trust pushed up annual after-tax profit 72.1 per cent, making $134.1 million in the year to March 31.