Goodman Group is a global leader in industrial real estate and has operations spanning Asia Pacific, Europe and the Americas. With over $62 billion in assets under management and more than $12 billion of developments in progress*, we are one of the largest developers of industrial property globally.
We own, develop and manage high quality properties in strategic locations, close to large consumer groups in major global cities. Our long-term strategy is built around our customers’ desire for efficiency, faster speed to market and greater resilience in their supply chains.
The logistics and warehousing sectors globally are essential infrastructure for the digital economy, enabling the time sensitive distribution of products to consumers. Our strategy is to concentrate our assets close to urban infill locations in markets where barriers to entry are high, supply is limited and demand is robust. By utilising existing infrastructure, and lowering transport-related emissions, this approach is also more sustainable.
We have a patient and long-term approach to managing capital and a track record of delivering sustainable returns over time. Goodman has built strong relationships with our international Investment Partners – some of the world’s largest pension and sovereign wealth funds – who co- invest with Goodman over similar investment horizons.
Our customers include some of the world’s largest companies who demand the right assets in the right locations. They’re taking a strategic view and increasing investment in our buildings to maximise efficiency and capacity for the future.
* as at 30 September 2021
Goodman’s purpose of making space for greatness acknowledges that our stakeholders’ needs are varied and keep continually evolving. Communication is key. Our close relationships mean we can help our stakeholders to fulfill their potential. We believe we can have a lasting positive impact and make greatness a possibility for them.
During the year, we refreshed our values to further align them to our strategy. Our values – Innovation, Determination, Integrity and Sustainability – reflect who we are today as well as who we aim to be well into the future.
Goodman’s global concentration of properties positions our customers closer to consumers, giving them a high speed to market advantage. But with limited availability of greenfield sites, the real difference is our ability to acquire well located brownfield sites that can be redeveloped. With a growing number of innovative new urban developments, we’re providing high quality, sustainable properties for our customers and solutions that will enhance and protect the environment for many years to come.
Goodman Group is a triple stapled entity comprised of the Australian company, Goodman Limited (GL), the Australian trust, Goodman Industrial Trust (GIT) and the Hong Kong company, Goodman Logistics (HK) Limited (GLHK). The Boards of GL and Goodman Funds Management Limited, as the responsible entity of GIT, comprise the same Directors while GLHK has a distinct Board with some overlap, (together they are referred to as the Boards).
The Goodman Boards and management team are committed to the highest standards of corporate governance and recognise that an effective corporate governance culture is critical to the long- term performance of the business. Goodman’s corporate governance framework underpins our commitment to maximise long-term sustainable value for Securityholders through:
|Effective controls, risk management, transparency and corporate responsibility;|
|Strategic planning and alignment of the interests of employees with those Securityholders and other stakeholders;|
|Meeting stakeholder expectations of a global ASX-listed entity through acting lawfully and responsibly while prudently managing both financial and non-financial risk; and|
|Ensuring we are an organisation that acts with integrity by promoting a culture which values the principles of honesty, fairness, transparency and ethical behaviour.|