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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.