“Market Cap $8.9 B As of May 2013
At a Glance
- Industry: Real Estate
- Founded: 1989
- Country: Australia
- CEO: Gregory Goodman
- Website: www.goodman.com
- Sales: $735 M
#1592 Global 2000
- #1259 in Profit
- #1917 in Assets
- #1095 in Market value
Goodman Group (Goodman) is engaged in investment in directly and indirectly held industrial property, fund management, property services and development management. The Company is based in Australia and has separately managed divisions in Asia Pacific (primarily Australia, New Zealand, Hong Kong, China and Japan) and Europe (Continental Europe and the United Kingdom). The activities and services undertaken by the business divisions include direct and indirect ownership of investment properties; fund management; property services, and development. On 20 June 2012, Goodman entered into an agreement with Birtcher Development & Investments, focused on the development of, and investment in logistics and industrial facilities in key locations across North America. In August 2012, the Company completed the implementation of the internal restructure of the Group to add Goodman Logistics (HK) Limited to the existing Goodman Group stapled security.”
“About Goodman Group
Goodman Group is an Australian integrated industrial property development and management company.
The organisation was founded in 1989 as a private property trust focused on industrial properties, listing on the Australian Stock Exchange (ASX) in 1995 as Goodman Hardie Industrial Property Trust. In 2000 the trust merged with Macquarie Industrial Trust and was renamed Macquarie Goodman Industrial Trust.
After a series of mergers, the organisation became known as the Macquarie Goodman Group in 2005, at the time the largest industrial property trust on the ASX and fourth largest in the ASX 200 property index.
In July 2007 the organisation was renamed to its present name, after Macquarie Bank sold its 7.7% interest almost a year earlier.Goodman is now the second largest industrial and business park property group in the world after it expanded its operations into Europe and Asia through a series of acquisitions.
As of June 2008, the group had 371 properties under management and 97 developments.”
*Information from Forbes.com and Wikipedia.org
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