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 CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
The taxi industry never saw Uber coming. Startups are a threat to incumbents like never before, and a major enabler for startups is that they are instantly “cloud ready.” If innovation moves at the pace of IT, then your company is in trouble. Why? Because your data center will not keep up with frenetic pace AWS, Microsoft and Google are rolling out new capabilities In his session at 20th Cloud Expo, Don Browning, VP of Cloud Architecture at Turner, will posit that disruption is inevitable for c...
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
Deep learning has been very successful in social sciences and specially areas where there is a lot of data. Trading is another field that can be viewed as social science with a lot of data. With the advent of Deep Learning and Big Data technologies for efficient computation, we are finally able to use the same methods in investment management as we would in face recognition or in making chat-bots. In his session at 20th Cloud Expo, Gaurav Chakravorty, co-founder and Head of Strategy Development ...
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
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...
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...
What if you could build a web application that could support true web-scale traffic without having to ever provision or manage a single server? Sounds magical, and it is! In his session at 20th Cloud Expo, Chris Munns, Senior Developer Advocate for Serverless Applications at Amazon Web Services, will show how to build a serverless website that scales automatically using services like AWS Lambda, Amazon API Gateway, and Amazon S3. We will review several frameworks that can help you build serverle...
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 20th Cloud Expo, which will take place on June 6-8, 2017 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 add...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
Interoute has announced the integration of its Global Cloud Infrastructure platform with Rancher Labs’ container management platform, Rancher. This approach enables enterprises to accelerate their digital transformation and infrastructure investments. Matthew Finnie, Interoute CTO commented “Enterprises developing and building apps in the cloud and those on a path to Digital Transformation need Digital ICT Infrastructure that allows them to build, test and deploy faster than ever before. The int...
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buyers...
SYS-CON Events announced today that T-Mobile will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on ...
@DevOpsSummit has been named the ‘Top DevOps Influencer' by iTrend. iTrend processes millions of conversations, tweets, interactions, news articles, press releases, blog posts - and extract meaning form them and analyzes mobile and desktop software platforms used to communicate, various metadata (such as geo location), and automation tools. In overall placement, @DevOpsSummit ranked as the number one ‘DevOps Influencer' followed by @CloudExpo at third, and @MicroservicesE at 24th.
Virtualization over the past years has become a key strategy for IT to acquire multi-tenancy, increase utilization, develop elasticity and improve security. And virtual machines (VMs) are quickly becoming a main vehicle for developing and deploying applications. The introduction of containers seems to be bringing another and perhaps overlapped solution for achieving the same above-mentioned benefits. Are a container and a virtual machine fundamentally the same or different? And how? Is one techn...