Leading Japanese third-party logistics provider Senko Co., Ltd. (“Senko”) has signed a new pre-lease agreement for 51,000 sqm of prime logistics space in Stage 3 of Goodman Business Park.
Goodman commences development of Stage 2 of Goodman Akamatsudai in Kobe, Osaka and achieves strong leasing momentum at Goodman Business Park, Chiba, Tokyo
Goodman Group (Goodman or Group) is pleased to announce that it has signed additional leases in the recently completed Stage 1 of Goodman Business Park in Chiba Newtown, Greater Tokyo. This successful activity has resulted in 95% occupancy being achieved within six weeks of construction completion.
Goodman yesterday held an onsite ceremony to mark the completion of Stage 1 of Goodman Business Park, a large-scale, master-planned logistics and business park in Chiba Newtown, a strategic location with excellent transport connectivity in a vibrant and growing residential and business area. The ceremony was attended by Mr. Kensaku Morita, Governor of Chiba Prefecture and Mr. Masanao Itakura, Mayor of Inzai City who both gave congratulatory speeches.
Goodman is pleased to announce that the Goodman Japan Core Fund (or Fund) has been awarded the Regional Sector Leader in its category in the 2015 GRESB survey. This achievement, in the Fund’s first year of participation, ranks it highest within its peer group of private, industrial funds in Asia.
Goodman is pleased to announce that it has pre-leased 100% of the lettable area at Goodman Ichikawa in Tokyo Bay, following the signing of lease agreements with three customers, one month ahead of construction completion. Goodman has separately entered into a new build-to-suit lease agreement with Marubeni Logistics Corporation, a wholly owned subsidiary of Marubeni Corporation for a brand new, modern logistics facility on a development site in Akamatsudai, Kobe, inland Osaka.
Goodman held a groundbreaking ceremony on 11 December 2014 attended by Mr. Masanao Itakura, the Mayor of Inzai City and Mr. Masakazu Yoshida, Chief of Chiba Prefecture Public Enterprises Agency for the commencement of construction of the 120,000 sqm first stage of Goodman Business Park Chiba the new large-scale, master-planned, multi-use logistics and business park which on completion will have an end value in excess of US$1 billion across multiple buildings.
Goodman today announces the continued momentum and successful execution of its targeted development-led growth strategy in Japan
Goodman Group (Goodman or Group) today held an official opening ceremony in Japan for Goodman Sakai, a landmark warehouse and distribution facility in Sakai, Osaka Bay.
Following the announcement of Goodman Group’s (Goodman or Group) half year results, below is an update on initiatives being undertaken across the Japanese platform.
Goodman Group (Goodman or Group) has today announced an operational update for the quarter ended 30 September 2013, which has seen assets under management for the Group grow to over $24 billion during the quarter, up from $23 billion at 30 June 2013.
Goodman Group (Goodman) today announced that the Goodman Japan Development Partnership (GJDP) has acquired a prime 26,000 sqm development site in Nagoya, Japan and will develop a 51,000 sqm logistics and distribution facility on the site. Goodman has separately entered into a 15-year pre-lease with a Japanese third party logistics and transport company over 27,000 sqm, representing 53% of the proposed net lettable area.
Goodman Group (Goodman or Group) today announces that Goodman Hong Kong Logistics Fund (GHKLF or Fund) has formed a co-ownership arrangement with DP World, one of the world’s largest container terminal operators, that provides it with a 25% ownership interest in ATL Logistics Centre Hong Kong (ATL) and an ownership interest in CSX World Terminals Hong Kong, located at Hong Kong’s Kwai Tsing Port. The acquisition will further consolidate Goodman’s position as a leading player in the Greater China market, managing 23 million sq ft (2.2 million sqm) of logistics space.
Goodman Group (Goodman or Group) today announces that it has entered into a joint venture (Joint Venture or JV) with WTORRE, one of Brazil’s leaders in the development and construction of industrial warehouse and logistics facilities and commercial real estate. The Joint Venture will undertake the development of prime logistics and industrial properties on a 50/50 basis in key markets throughout Brazil.
Goodman Japan today announced that it has successfully completed a number of initiatives to strengthen its position in Japan, including the establishment of a new US$1 billion development partnership and new equity commitments for the Goodman Japan Core Fund.
Goodman Group (Goodman or Group) and the Canada Pension Plan Investment Board (CPPIB) are pleased to announce the launch of a new logistics and industrial partnership called the Goodman North America Partnership (GNAP). Goodman and CPPIB have targeted an equity amount of US$890 million on a 55/45 basis, representing US$490 million and US$400 million respectively.
Goodman Group (“Goodman” or “the Group”) today announced that it has acquired a prime 30,000 sqm bay area, logistics development site located only 30 minutes from the Tokyo CBD, Japan.
TOKYO, 29 February 2012 — Goodman today announced that its consolidated private wholesale fund which is invested in a portfolio of 14 completed, modern logistics facilities located across Japan (the “Fund”) has secured a five year non-recourse finance facility totaling JPY37 billion from a syndicate of five leading Japanese financial institutions.
TOKYO, 21 December 2011 — Goodman today announced that Goodman Moriya, a 33,000 sqm logistics facility purpose built for Nippon Express in Moriya City, Ibaraki Prefecture, has achieved construction completion. To celebrate the success of the project a completion ceremony was held on site on 19 December 2011.
TOKYO August 22, 2011 — Goodman today announced that a fund managed by its subsidiary has agreed, subject to the completion of final due diligence, to acquire a 60,000 sqm prime development site in the Osaka Bay area of Japan.
Goodman Group (Goodman) today announces its intention to rebrand the Japanese property group, J-REP Co. Ltd. (J-REP), listed on the Tokyo Stock Exchange, as Goodman Japan Limited. The rebranding has been approved by the J-REP Board of Directors subject to the approval of J-REP shareholders at an extraordinary meeting scheduled for 26 September 2011.