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.