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
With more than 30 Kubernetes solutions in the marketplace, it's tempting to think Kubernetes and the vendor ecosystem has solved the problem of operationalizing containers at scale or of automatically managing the elasticity of the underlying infrastructure that these solutions need to be truly scalable. Far from it. There are at least six major pain points that companies experience when they try to deploy and run Kubernetes in their complex environments. In this presentation, the speaker will d...
While DevOps most critically and famously fosters collaboration, communication, and integration through cultural change, culture is more of an output than an input. In order to actively drive cultural evolution, organizations must make substantial organizational and process changes, and adopt new technologies, to encourage a DevOps culture. Moderated by Andi Mann, panelists discussed how to balance these three pillars of DevOps, where to focus attention (and resources), where organizations might...
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructure solutions deliver the adaptive architecture needed to manage this new data reality. Machine learning algorithms can better anticipate data storms and automate resources to support surges, including fully scalable GPU-c...
When building large, cloud-based applications that operate at a high scale, it's important to maintain a high availability and resilience to failures. In order to do that, you must be tolerant of failures, even in light of failures in other areas of your application. "Fly two mistakes high" is an old adage in the radio control airplane hobby. It means, fly high enough so that if you make a mistake, you can continue flying with room to still make mistakes. In his session at 18th Cloud Expo, Le...
Machine learning has taken residence at our cities' cores and now we can finally have "smart cities." Cities are a collection of buildings made to provide the structure and safety necessary for people to function, create and survive. Buildings are a pool of ever-changing performance data from large automated systems such as heating and cooling to the people that live and work within them. Through machine learning, buildings can optimize performance, reduce costs, and improve occupant comfort by ...
As Cybric's Chief Technology Officer, Mike D. Kail is responsible for the strategic vision and technical direction of the platform. Prior to founding Cybric, Mike was Yahoo's CIO and SVP of Infrastructure, where he led the IT and Data Center functions for the company. He has more than 24 years of IT Operations experience with a focus on highly-scalable architectures.
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
CI/CD is conceptually straightforward, yet often technically intricate to implement since it requires time and opportunities to develop intimate understanding on not only DevOps processes and operations, but likely product integrations with multiple platforms. This session intends to bridge the gap by offering an intense learning experience while witnessing the processes and operations to build from zero to a simple, yet functional CI/CD pipeline integrated with Jenkins, Github, Docker and Azure...
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
Dhiraj Sehgal works in Delphix's product and solution organization. His focus has been DevOps, DataOps, private cloud and datacenters customers, technologies and products. He has wealth of experience in cloud focused and virtualized technologies ranging from compute, networking to storage. He has spoken at Cloud Expo for last 3 years now in New York and Santa Clara.
Enterprises are striving to become digital businesses for differentiated innovation and customer-centricity. Traditionally, they focused on digitizing processes and paper workflow. To be a disruptor and compete against new players, they need to gain insight into business data and innovate at scale. Cloud and cognitive technologies can help them leverage hidden data in SAP/ERP systems to fuel their businesses to accelerate digital transformation success.
Containers and Kubernetes allow for code portability across on-premise VMs, bare metal, or multiple cloud provider environments. Yet, despite this portability promise, developers may include configuration and application definitions that constrain or even eliminate application portability. In this session we'll describe best practices for "configuration as code" in a Kubernetes environment. We will demonstrate how a properly constructed containerized app can be deployed to both Amazon and Azure ...
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.