SOURCE: Goodman Group

Goodman Group

March 30, 2015 01:58 ET

Goodman Chongqing Airport Logistics Park Opened by the Governor General of Australia

SHANGHAI, CHINA--(Marketwired - Mar 30, 2015) - Goodman Group (Goodman or Group), the global integrated property group which owns, develops and manages industrial space, held an official ceremony yesterday for the opening of Goodman Chongqing Airport Logistics Park in Western China. The development was formally declared opened by His Excellency General the Honourable Sir Peter Cosgrove AK MC (Retd), Governor-General of the Commonwealth of Australia.

Goodman Chongqing Airport Logistics Park, which provides a total area of 190,000 sqm of prime logistics space, is Goodman's first development in Chongqing. Its customers include Grundfos, the world's leading Danish pump manufacturer and three integrated logistics companies: Nikkon Logistics, an international Japanese logistics company, Best Logistics, one of China's largest operators and Yunda Express, one of the largest privately-owned express delivery companies in China.

Strategically located adjacent to the Chongqing Jiangbei International Airport, Goodman Chongqing Airport Logistics Park has excellent connectivity to the Chongqing-Chengdu economic corridor and is in close proximity to Chongqing downtown. It comprises a total of eight warehouses with an estimated end value of US$130 million.

Philip Pearce, Goodman's Managing Director Greater China, said, "We are honoured to have His Excellency General the Honourable Sir Peter Cosgrove Governor-General of the Commonwealth of Australia, Her Excellency Lady Cosgrove and other distinguished guests present today to mark this significant milestone in the development of our business in China. Goodman Chongqing Airport Logistics Park is our flagship development in Western China, an area of growth for us and where we see growing demand for prime logistics space."

Mr Pearce added, "There is surging demand for and a lack of supply of quality transport and prime logistics space in Chongqing, propelled by the city's robust economic growth. We look forward to further expansion in this region and to securing high quality opportunities for our customers and investors."

His Excellency General the Honourable Sir Peter Cosgrove AK MC (Retd), Governor-General of the Commonwealth of Australia, said, "I'm delighted to be here today to open the Goodman Airport Logistics Park in Chongqing. This logistics park is a landmark Australian investment and a tangible example of Australia's strong presence here in Western China. The story of Goodman in China is an Australian success story."

Nancy Gordon, Consul-General, Australian Consulate-General Chengdu, said, "Goodman's high quality operations in Chongqing are testament to the efforts of Australian companies to develop closer links with the Chinese economy. We are glad to see Australian businesses flourishing abroad and we will continue to assist companies such as Goodman to expand in China."

To date Goodman has developed 110,000 sqm of Chongqing Airport Logistics Park, with a further 80,000 sqm to be completed. Goodman plans to invest US$ 400 million in Western China in the coming two to three years.

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About Goodman
Goodman Group is an integrated property group with operations throughout Australia, New Zealand, Asia, Europe, the United Kingdom, North America and Brazil. Goodman Group, comprised of the stapled entities Goodman Limited, Goodman Industrial Trust and Goodman Logistics (HK) Limited, is the largest industrial property group listed on the Australian Securities Exchange and one of the largest listed specialist fund managers of industrial property and business space globally.

Goodman's global property expertise, integrated own+develop+manage customer service offering and significant fund management platform ensures it creates innovative property solutions that meet the individual requirements of its customers, while seeking to deliver long-term returns for investors.

For more information please visit www.goodman.com

Contact Information

  • For further information, please contact:

    Goodman
    Wayne Huang
    General Manager Operations, China
    Tel + 86 21 6133 2014

    Citigate Dewe Rogerson
    Grace Xu
    Senior Associate Director
    Tel +86 21 5353 0303/ +86 136 5183 8486

    Crystal Yip
    Senior Associate Director
    Tel +852 3103 0106/ +852 9720 6445