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.