Goodman Group delivered another strong performance for the nine months to March 2019, as customers continue to demand proximity to consumers in urban locations.
The current Goodman business includes;
- Owning: $44.1bn of total assets under management 98% occupancy was maintained across the portfolio, with 2.6M square metres of new leases equal to $359M of net income as well as a like for like rental growth of 3.3% pa.
- Developing: $3.7bn of development work in progress, expected to grow to $4bn by June. Completed $2.5bn of works with 81% leased on completion Started $2.4bn of new works covering 1.2m sqm
- Managing: $40.8Bn of external assets under management 83% of Development is within Partnership arrangements