Goodman pipeline hits $1bn in Brazil

Original article by Kylar Loussikian
The Australian – Page: 17 : 1-Aug-14

Goodman Group CEO Greg Goodman has announced a turnaround for the Australian-listed industrial real estate developer’s Brazilian operations. In 2013 Goodman had been beaten to a portfolio of 34 sites by Global Logistics Properties of Singapore. However the WTGoodman joint venture with Brazilian market leader WTorre is now going to construct and lease a warehouse facility worth 62,000 sq m for a US client. Assets in Brazil are also owned by 9% Goodman stakeholder China Investment Corporation and by the developer’s Canada Pension Plan Investment Board and GIC financiers

CORPORATES
GOODMAN GROUP – ASX GMG, WTI PTY LTD, WTORRE SA, GLOBAL LOGISTIC PROPERTIES LIMITED, GIC REAL ESTATE PTE LTD, CANADA PENSION PLAN INVESTMENT BOARD, CHINA INVESTMENT CORPORATION, BR MALLS PARTICIPACOES SA, CB RICHARD ELLIS INVESTORS LLC, UBS GLOBAL ASSET MANAGEMENT (AUSTRALIA) LIMITED, GOLDMAN SACHS AUSTRALIA PTY LTD

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