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2018-03-28 Goodman scales up in Italy
Goodman Group, a global leading owner, developer and manager of industrial real estate, has been named Europe’s top real estate developer for the fifth consecutive year by PropertyEU. Since claiming the top spot in 2011, Goodman has developed over four million sqm of logistics and business space in Europe, representing an investment of close to €3 billion across 132 projects.
Goodman named top European real estate developer
Goodman, a leading owner, developer and manager of logistics properties in Europe, has completed its thirteenth project for Amazon, bringing the Group’s total space delivered for the global ecommerce giant to one million sqm in Europe over the past eight years.
Goodman European Logistics Fund (GELF or Fund) has raised €550 million of new equity, completing an equity raising process which received total demand in excess of €900 million.
Goodman European Logistics Fund (GELF or Fund) notes the corporate credit ratings upgrade assigned by credit ratings agency, Standard & Poor’s (S&P) to BBB from BBB-.
Goodman Group delivered an operating profit of A$266 million (€210 million) in the half year ended 31 December 2012 (Australian financial year). This is up 16% on the same period last year.