Strategy in place - Goodman Investor Insight

Strategy in place
Key facts and property highlights

Strategy in place
Key facts and property highlights

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Group

Strong demand from our customers, particularly those engaged in the digital economy, has continued in the first quarter and maintained our confidence to further increase development activity. WIP has grown to $7.3 billion and is expected to increase further in FY21.

Key facts

 

 

Own2

 

$0bn
Total assets under management
Total assets under management have grown to $51.7 billion located in key consumer markets around the world.
0%
Occupancy
The limited supply in our markets and growing demand is reflected in stable occupancy at 97.8%.
0m
Square metres
leased
New leasing across the global platform for the first quarter reflects $447.3 million of property income per annum with like-for-like rental growth of 2.9%.

 

Develop3

 

$0bn
Development work in progress
Work in progress has grown to $7.3 billion reflecting the desirability and limited supply of land in our markets.
$0bn
Development commencements
Development commencements were undertaken with a long average lease term of 14.9 years. Activity was predominantly in the Asia-Pacific region.
$0bn
Development
completions
We completed $0.9 billion of developments around the world of which 92% were pre-committed.

 

Manage2

 

$0bn
External assets under management
Continued progress of development projects, acquisitions and positive revaluations, have seen AUM across the Partnerships grow to $48.4 billion.
0%
Development in partnerships
With 83% of developments undertaken within Partnerships, we have further aligned our interests with our investors.
0
Properties in
partnerships
Partnerships provide a diversified income across countries and industries.
  1. All figures are in AUD.
  2. As at 30 September 2020.
  3. For the three months to 30 September 2020.

Property highlights

Oakdale South Industrial Estate

Sydney ,
Australia

Already occupying six facilities across our Oakdale estate, global logistics provider DHL required a new, larger facility to support the company’s increased demand from existing customers. The 33,606 sqm facility was developed with sustainability features such as solar panels, a rainwater harvest tank and LED lighting, and underwent an extensive fit-out to meet DHL’s specific needs. The facility will be used for pharmaceutical goods.

Website

Crossways Commercial Park

Dartford ,
United Kingdom

Crossways Commercial Park demonstrates our selective approach to building logistics facilities in strategic locations close to key infrastructure. Due for completion in mid-2021, the development will comprise 477,370 sq ft of prime distribution and logistics space across three buildings, well-positioned for last mile delivery. The development will be one of Goodman’s most sustainable in the United Kingdom.

Website

Savill Link

Auckland ,
New Zealand

14,000 sqm manufacturing and distribution facility completed at Savill Link industrial park for innovative packaging company, NCI Packaging. Ideally located close to Auckland CBD and airport, the property recently won an Award of Excellence in Industrial Property at the Property Council of New Zealand Property Awards. The award acknowledges that the development symbolises excellence in project vision and innovation, design and construction, and owner / user satisfaction.

Website

Up next

2030 in the making