In this issue : JUNE 2019
In this issue : JUNE 2019

Development update

Our strategic focus on infill markets where demand is strongest, has seen work in progress increase to $3.7 billion at 31 March.

With several high-value projects in the pipeline soon to commence, we expect WIP to grow to over $4 billion by June 2019.

We continue to expand our land bank globally in key urban locations. These sites will provide high-quality opportunities for our customers in the future and extend the scale of developments and the pipeline in the medium to long-term.

The Group has 69 development projects in progress around the world.

Work in progress as at 31 March 2019

Asia
33%
Europe
28%
Americas
21%
Aus/NZ
18%

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SOME OF OUR RECENT DEVELOPMENTS

GOODMAN LOGISTICS CENTER EL MONTE

El Monte, California, USA

Goodman Logistics Center El Monte further demonstrates our selective approach to building logistics facilities in strategic locations close to major freeways and transportation centres for the convenience of our customers. Mutual Trading Company has pre-committed to space at the 1,235,443 sq ft facility which is currently under construction and due for completion by the end of 2019.

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GOODMAN BUSINESS PARK CHIBA

Chiba, Greater Tokyo, Japan

Goodman Business Park is a unique logistics and business precinct featuring state-of-the-art amenities. Stage 3 is a 4-storey, 122,600 sqm, high-specification logistics facility, which is 80% leased to a number of quality global and Japanese customers including Japanese 3PL provider Senko Co.

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GOODMAN SERRIS LOGISTICS CENTRE

Val d Europe, Greater Paris, France

To facilitate the company’s increased demand for services, global logistics provider DB Schenker asked Goodman to develop a modern 9,583 sqm facility close to consumers. Situated in Val d’Europe in the Eastern Greater Paris Region, the facility will be dedicated to the company’s land transport services.

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NEXT SECTION:

SUSTAINABILITY

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