Goodman moves out of CEE
20:57
Goodman European Partnership and Goodman Group have signed an agreement for the sale of assets in Central and Eastern Europe (CEE) for approximately €1 billion (A$1.7 billion) to GLP. The transaction includes properties located in Poland, Hungary, Czech Republic and Slovakia.
“The proceeds of this transaction will enable us to capitalize on the strong demand for industrial property and continue to scale up in the major consumer markets in Germany, France, Spain, Benelux, and Italy. We will continue to focus on owning high-quality properties and building out our significant development pipeline in these markets, where barriers to entry are high and the land is scarce,” Philippe Van der Beken, Chief Executive Officer Goodman Continental Europe, said.
Goodman Group is on track to surpass €28.8 billion (A$50 billion) assets under management in June 2020 and remains one of the largest developers of industrial real estate in Europe and globally.
(WBJ)
“The proceeds of this transaction will enable us to capitalize on the strong demand for industrial property and continue to scale up in the major consumer markets in Germany, France, Spain, Benelux, and Italy. We will continue to focus on owning high-quality properties and building out our significant development pipeline in these markets, where barriers to entry are high and the land is scarce,” Philippe Van der Beken, Chief Executive Officer Goodman Continental Europe, said.
Goodman Group is on track to surpass €28.8 billion (A$50 billion) assets under management in June 2020 and remains one of the largest developers of industrial real estate in Europe and globally.
(WBJ)
