Welcome!

News Feed Item

Goodman Secures Approximately 93,000 sqm of Development Pre-Commitments in China

SHANGHAI, CHINA -- (Marketwired) -- 10/30/13 -- Goodman Group (Goodman or Group), the global integrated property group which owns, develops and manages industrial space, is pleased to announce that it has secured two development pre-commitments in China for a total of approximately 93,000 sqm, comprising:

+ a 63,400 sqm facility in Lishui, Nanjing for Deppon Logistics, a leading Chinese third party logistics provider (3PL), which will become the 3PL's Regional Distribution Centre (RDC) for Eastern China, and their second largest warehousing facility in China, and;

+ a 29,300 sqm built-to-suit facility in Hefei, Anhui Province for Yunda Express, one of China's largest privately-owned express delivery companies. This facility will become Yunda Express' provincial distribution centre.

Goodman Lishui Distribution Centre in Nanjing

Located in the Lishui Economic Development Zone in Nanjing, Goodman Lishui Distribution Centre to be built for Deppon Logistics has excellent accessibility within the Jiangsu Province and is well connected to Anhui Province.

In order to fulfill the high and fast delivery demands of a regional distribution centre, the facility adopted an E-shaped design whereby the three warehouses are linked together, facilitating the flow of goods within the development and maximising the efficiency of loading bays.

Philip Pearce, Managing Director Greater China for Goodman, said, "Our relationship with Deppon Logistics started in Hong Kong earlier this year when they leased space at Global Gateway in Tsuen Wan. We are delighted that we have been able to extend the relationship into mainland China, which is an endorsement of our customer service offering. The warehouse has been specifically designed to cater for the high volume of goods that Deppon Logistics is handling and the large number of truck movements associated with this."

Goodman Lishui Distribution Centre comprises three separate warehouses which will be built in two phases. Upon the completion of the entire development in the last quarter of 2014, it will provide 63,400 sqm prime logistics space.

Mr Deng Xiao Bo, Senior Vice President of Deppon Logistics said, "Our expansion in a vast and dynamic market like China means we require a solid and dependable partner to provide us with quality warehousing solutions. Goodman Lishui Distribution Centre in Nanjing is ideally located and tailored to suit to our specific needs for an Eastern China distribution centre."

Goodman Hefei Central Park in Hefei

The built-to-suit facility for Yunda Express will form part of the Goodman Hefei Central Park, which is located in Hefei Economic and Technological Development Area in Hefei, Anhui Province. Yunda Express will occupy 29,300 sqm, including warehousing and office facility, serving as their provincial distribution centre.

Goodman Hefei Central Park is comprised of four warehouses, providing 86,000 sqm of prime logistics space. The development will be built in two phases, with the first phase of 48,000 sqm expected to complete in April 2014.

Mr Pearce said, "We are extremely pleased to welcome Yunda Express into our China portfolio, which is another testament of our global reputation as a reliable and trustworthy provider of built-to-suit facilities. We see growing demand for prime logistics space in Hefei, given its location within the Shanghai-Nanjing-Hefei-Wuhan economic corridor."

Mr Liu Xiao Guang, Director of Industrial Department at Yunda Express commented, "As demand continues to grow in Anhui Province, we need to be able to take advantage of the opportunity whilst we need a strong partner like Goodman to help fulfill our warehousing solutions, which is a crucial part of our business."

Goodman Lishui Distribution Centre in Nanjing and Goodman Hefei Central Park in Hefei are part of Goodman's strategic plan to expand further in Eastern China. The Group aims to increase its development projects in key cities such as Shanghai, Tianjin, Chengdu, Chongqing, Shenyang, Hefei and Nanjing.

"The demand for high-quality warehousing space in mainland China has remained strong and we are well positioned to capitalise on this. With 4.3 million sqm of secured and controlled land, we will continue with our expansion plans and pursue opportunities in this fast-growing market."

"Over the past two years our China business has gained considerable momentum, resulting in our investment portfolio growing to approximately one million sqm, while our assets under management have grown to US$1 billion, and we expect this to continue to grow strongly as a result of our development pipeline. We currently have 530,000 sqm of work in progress, with the capability to boost our development book to approximately 800,000 sqm over the next 12 months," Mr Pearce added.

Company Logo
http://release.media-outreach.com/release.php/Images/752

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:

Goodman
Besy Leung
Marketing Director, Asia
Tel + 852 2249 3149 / 6111 9452

Citigate Dewe Rogerson
Jasmine Yap
Co-Managing Director
Tel: +852 3103 0108/9325 3363

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

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management...
SYS-CON Events announced today that Tintri Inc., a leading producer of VM-aware storage (VAS) for virtualization and cloud environments, will exhibit at the 18th International CloudExpo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Hanu Software will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Leveraging best-in-class people, processes, and technologies, Hanu provides high-quality, high-value software development and business process outsourcing services to independent software vendors (ISVs) and enterprises.
SYS-CON Events announced today Object Management Group® has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects). Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
SYS-CON Events announced today that ContentMX, the marketing technology and services company with a singular mission to increase engagement and drive more conversations for enterprise, channel and SMB technology marketers, has been named “Sponsor & Exhibitor Lounge Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York. “CloudExpo is a great opportunity to start a conversation with new prospects, but what happens after the...
The initial debate is over: Any enterprise with a serious commitment to IT is migrating to the cloud. But things are not so simple. There is a complex mix of on-premises, colocated, and public-cloud deployments. In this power panel at 18th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists will look at the present state of cloud from the C-level view, and how great companies and rock star executives can use cloud computing to meet their most ambitious and disruptive business ...
The cloud era has reached the stage where it is no longer a question of whether a company should migrate, but when. Enterprises have embraced the outsourcing of where their various applications are stored and who manages them, saving significant investment along the way. Plus, the cloud has become a defining competitive edge. Companies that fail to successfully adapt risk failure. The media, of course, continues to extol the virtues of the cloud, including how easy it is to get there. Migrating...
Companies can harness IoT and predictive analytics to sustain business continuity; predict and manage site performance during emergencies; minimize expensive reactive maintenance; and forecast equipment and maintenance budgets and expenditures. Providing cost-effective, uninterrupted service is challenging, particularly for organizations with geographically dispersed operations.
SYS-CON Events announced today that Isomorphic Software will exhibit at SYS-CON's [email protected] at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, high-productivity enterprise web applications for any device. SmartClient couples the industry’s broadest, deepest UI component set with a java server framework to deliver an end-...
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
SYS-CON Events announced today that AppNeta, the leader in performance insight for business-critical web applications, will exhibit and present at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. AppNeta is the only application performance monitoring (APM) company to provide solutions for all applications – applications you develop internally, business-critical SaaS applications you use and the networks that deli...
What a difference a year makes. Organizations aren’t just talking about IoT possibilities, it is now baked into their core business strategy. With IoT, billions of devices generating data from different companies on different networks around the globe need to interact. From efficiency to better customer insights to completely new business models, IoT will turn traditional business models upside down. In the new customer-centric age, the key to success is delivering critical services and apps wit...
Enterprise networks are complex. Moreover, they were designed and deployed to meet a specific set of business requirements at a specific point in time. But, the adoption of cloud services, new business applications and intensifying security policies, among other factors, require IT organizations to continuously deploy configuration changes. Therefore, enterprises are looking for better ways to automate the management of their networks while still leveraging existing capabilities, optimizing perf...
Join us at Cloud Expo | @ThingsExpo 2016 – June 7-9 at the Javits Center in New York City and November 1-3 at the Santa Clara Convention Center in Santa Clara, CA – and deliver your unique message in a way that is striking and unforgettable by taking advantage of SYS-CON's unmatched high-impact, result-driven event / media packages.