New Zealand leads today’s roundup as Blackstone scoops up a set of office buildings in Auckland from a joint venture of Singaporean sovereign wealth fund GIC and a trust managed by Aussie industrial builder Goodman Group. Also in the headlines,… Read More>>
Goodman Fund Buys Site in Hong Kong’s New Territories for $750M Logistics Project
An investment fund managed by Goodman Group has won a site in Hong Kong’s New Territories for HK$2.75 billion ($350 million), which the Australian warehouse builder will develop into a $750 million logistics facility.
A subsidiary of Goodman Hong Kong… Read More>>
CPPIB Invests $248M in Goodman Hong Kong Logistics Fund
The Canada Pension Plan Investment Board (CPPIB) is expanding its Asia logistics partnership with Australia’s Goodman by investing HK$1.94 billion ($248 million) in a Hong Kong warehouse development scheme first established by the Australian builder in 2006.
The investment will… Read More>>
Yunda Express Signs Up for 16,700 SQM at Goodman Changzhou Project
Australia-based Goodman Group has secured a 16,700 square metre lease with top-five mainland courier firm Yunda Express at its Goodman Changzhou Logistics Centre in Jiangsu province, according to an announcement by the industrial real estate specialist.
The Goodman Changzhou Logistics… Read More>>
Goodman Leases 41,000 SQM to Single Tenant at Tianjin Project
Logistics developer Goodman has leased 40,884 square metres of warehouse space at its Goodman Xiqing Logistics Park (GXLP) in the northern Chinese city of Tianjin.
The new agreement with outdoor apparel and equipment producer Beijing Toread Outdoor Products means that… Read More>>
Asia Real Estate People In The News 2016-09-12
A bumper crop of Asia’s real estate professionals are starting new roles. This week’s moves include M&G Real Estate’s former Asia Chief Executive returning to the firm as an interim fund manager, Fosun Property’s Sunyu Capital recruiting a headhunter as… Read More>>
Paul McGarry Named Asia Head as Goodman Reworks Regional Management
Australian industrial developer Goodman Group has appointed Paul McGarry as head of its Asia operations, as the company restructures its management following the departure of long-time Greater China head Philip Pearce last month.
In the newly created top role for… Read More>>
Goodman Buys Shanghai Logistics Center From A-REIT for $19M
Singapore-listed Ascendas REIT is selling a logistics center just outside Shanghai to Goodman Group as the Australian industrial developer expands its China portfolio. Ascendas REIT, also known as A-REIT, said in a filing to the Singapore Stock Exchange last week… Read More>>
Goodman Could Grow China Platform by 2 Mil SQM as Logistics Race Heats Up
Fresh from opening a new 110,000 square metre warehouse facility in suburban Shanghai, the head of Goodman Group says the Australian industrial developer could add 63 percent to the size of its Greater China logistics portfolio.
Greg Goodman, whose warehouse… Read More>>
Shanghai Housing Measures Trigger Divorce Boom and More China Real Estate Headlines
Shanghai officials may have set out to cool down its housing but a set of stiffer downpayment rules for families buying second homes seems to instead being breaking up some marriages in the real estate-mad city. Meanwhile, Australia’s Goodman Group… Read More>>
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