Goodman Group is an Australian integrated
commercial
Commercial may refer to:
* a dose of advertising conveyed through media (such as - for example - radio or television)
** Radio advertisement
** Television advertisement
* (adjective for:) commerce, a system of voluntary exchange of products and s ...
and
industrial property
Industrial property is one of two subsets of intellectual property (the other being copyright), it takes a range of forms, including patents for inventions, industrial designs (aesthetic creations related to the appearance of industrial product ...
group that owns,
develops and
manages real estate. This includes
warehouse
A warehouse is a building for storing goods. Warehouses are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc. They are usually large plain buildings in industrial parks on the outskirts of cities, town ...
s, large scale
logistics
Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics manages the flow of goods between the point of origin and the point of consumption to meet the requirements of ...
facilities,
business
Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit."
Having a business name does not separa ...
and
office parks globally.
History
The organisation was founded in 1989 as a private property trust focused on industrial properties, listing on the
Australian Securities Exchange
Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as ...
(ASX) in 1995 as Goodman Hardie Industrial Property Trust with eight properties valued at A$75 million. In 2000 the trust merged with Macquarie Industrial Trust and was renamed Macquarie Goodman Industrial Trust.
[
]
The organisation changed its name to Macquarie Goodman Group in 2005 following a series of acquisitions and mergers, which made it the largest industrial property group in the ASX
All Ordinaries
Established in January 1980, the All Ordinaries (colloquially known as the "All Ords"; also known as the All Ordinaries Index, AOI) is the oldest index of shares in Australia. It is made up of the share prices for 500 of the largest companies list ...
Index.
In July 2007, the organisation was renamed to its present name, after
Macquarie Bank
Macquarie Group Limited () is an Australian global financial services group. Headquartered and listed in Australia (), Macquarie employs more than 17,000 staff in 33 markets, is the world's largest infrastructure asset manager and Australia's t ...
sold its 7.7% interest almost a year earlier. Goodman is now one of the largest providers of industrial property and business space in the world, following the expansion of its operations into Europe, Asia and the Americas through a series of acquisitions and organic growth.
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]
As of 30 June 2020, the Group had 392 properties under management in 17 countries and 19.3 million sqm under management.
It had market capitalisation of A$27.2 billion.
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]
The Group delivered operating profit of $1,060.2 million as of 30 June 2020, up 12.5% on FY19, and operating earnings per security (EPS) of 57.5 cents, up 11.4% on FY19. It is split into three divisions: property portfolio, development and funds management.
On 30 June 2020, Goodman Group reported A$51.6 billion Assets Under Management, with A$6.5 billion in development work in progress.
Goodman UK
Goodman UK is part of the Goodman Group integrated industrial
property development
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others. R ...
and
management
Management (or managing) is the administration of an organization, whether it is a business, a nonprofit organization, or a government body. It is the art and science of managing resources of the business.
Management includes the activities ...
company. The company specialises in the developing and managing of Business, Science and Commercial Parks. Goodman UK has a number of parks situated throughout the United Kingdom, these include the following:
*
Arlington Business Park
Arlington Business Park is a business park in Theale (west of Reading, Berkshire), England. specially designed to blend the benefits of a modern working environment with the benefits of outdoor living.
The park is home to a number of major corpo ...
*
Arlington Square, Bracknell
Arlington Square Business Park is a business park in Bracknell, England, owned and operated by Goodman Group.
The park houses a number of well-known companies, including Novell, Fujitsu and Ally Financial
Ally Financial is a bank holding com ...
*
Birmingham Business Park
*
Colton Square Business Park
*
Gloucester Business Park
Gloucester Business Park is a business park situated in Brockworth on the outskirts of Gloucester, England with close links to the M5 and A417.
Current residents of the business park include Direct Wines, Horizon Nuclear Power, Ageas, NHS and ...
*Harwell Science Park
*Leeds Valley Park is a
business park
A business park or office park is a designated area of land in which many office buildings are grouped together. These types of developments are often located in suburban areas where land and building costs are more affordable, and are typically ...
owned by Goodman UK. The park is 50 acres in size and is three miles south of
Leeds city centre
Leeds city centre is the central business district of Leeds, West Yorkshire, England. It is roughly bounded by the Inner Ring Road to the north and the River Aire to the south and can be divided into several quarters.
Central districts
A ...
.
The developer Akeler managed the building of the park, which has three buildings and was designed by the architectural firm Aukett Europe.
*
Oxford Business Park
*
Rainton Bridge Business Park
See also
*
Prologis
Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities. The company was formed through the merger of AMB Property Corporation and Prologis in June 2011, which made Prologis ...
*
Stockland
Stockland Corporation Limited is a diversified Australian property development company. It has business in shopping centres, housing estates, industrial estates and retirement villages.
History
Stockland was founded in 1952 by Albert Scheinbe ...
*
GPT Group
The GPT Group is a Real Estate Investment Trust (also known as an Australian Stock Exchange
Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Sec ...
*
Lend Lease Corporation
Lendlease is a globally integrated real estate company that creates and invests in communities, workplaces, retail, and infrastructure projects, headquartered in Barangaroo, New South Wales, Australia.
History Founding
The company was establ ...
References
External links
*
{{Authority control
Companies listed on the Australian Securities Exchange
Real estate companies of Australia
Companies based in Sydney
Real estate companies established in 1989
Australian companies established in 1989