Goodman Raises Japanese Industrial Design Standards with the Completion of Goodman Sakai, Osaka Bay

TOKYO, April 9, 2014 /CNW/ - Goodman Group (Goodman or Group) today held an official opening ceremony in Japan for Goodman Sakai, a landmark warehouse and distribution facility in Sakai, Osaka Bay.

Key features of Goodman Sakai:

+	Completion value of ~US$275 million
+	Multi-customer warehouse and distribution facility with truck access to all four storeys providing, 130,000 sqm of modern, high specification space
+	First logistics facility in Western Japan to obtain LEED Gold (Leadership in Energy & Environmental Design) pre-certification
+	100% pre-leased, five months prior to completion to a number of leading Japanese third party logistics providers
+	Pre-sold by the Goodman Japan Development Partnership to the Goodman Japan Core Fund for long term ownership
+	High quality finish, landscaping and employee amenity space, setting the benchmark for the Japanese logistics market

Goodman Group Chief Executive Officer, Mr Greg Goodman said, "This landmark development was completed on time and on budget and sets the benchmark for sophisticated, employee friendly and environmentally sustainable design in the Japanese logistics market. Goodman Sakai presented an opportunity to incorporate the best features from our portfolio of properties around the world to deliver this modern, high quality facility. Significantly, Goodman Sakai was fully leased to a mix of leading Japanese customers five months prior to completion, demonstrating its attractiveness to our customers."

Paul McGarry, Chief Executive Officer of Goodman Japan said, "Our vision from the outset of this project was to set a new industrial design benchmark in Japan. With Goodman Sakai we had the opportunity to work closely with our customers, our architect, interior designers and our general construction contractor to create a unique work space. With the success of Goodman Sakai we have capitalised on our market leading brand to set a new benchmark for others to follow."

Yasuaki Nii, Director, Officer, Nippon Express Co. Limited, the major customer in Goodman Sakai said, "We have a successful track record of partnership and collaboration with Goodman in Japan and around the world. For this particular project we worked very closely with Goodman from the beginning to create a property that would meet our needs and the needs of our customers. Goodman really listens to its customers and works tirelessly to innovate at every opportunity to exceed their customers' needs. Goodman Sakai is a truly unique property of a standard and quality that we have not seen before in Japan, that we, our employees and our customers will enjoy and be proud to occupy for many years to come. With the great success of this partnership at Goodman Sakai we are very much looking forward to our next opportunity to collaborate with Goodman."

For further details and photos please visit www.goodmanjapan.com/sakai/

About Goodman

Goodman Group is an integrated property group with operations throughout Australia, New Zealand, Asia, Europe, the United Kingdom, North America and Brazil. Goodman Group, comprised of the stapled entities Goodman Limited, Goodman Industrial Trust and Goodman Logistics (HK) Limited, is the largest industrial property group listed on the Australian Securities Exchange and one of the largest listed specialist fund managers of industrial property and business space globally.

Goodman's global property expertise, integrated own+develop+manage customer service offering and significant fund management platform ensures it creates innovative property solutions that meet the individual requirements of its customers, while seeking to deliver long-term returns for investors.

About Nippon Express

Nippon Express is one of Japan's largest transportation companies. Its services continue to expand the globe, achieving a five-point framework across Japan, the Americas and Europe, and stretching into the rapidly developing markets of East Asia, South Asia and Oceania. Nippon Express sees its role as a logistics consultant, providing one-stop business solutions that connect people and companies beyond national and regional boundaries, through diverse logistics modes, integrating land, air, and marine transport. Nippon Express has also optimized its services on a global level to handle the mounting spread of inventory worldwide.

For more details about Nippon Express, please visit www.nipponexpress.com/

For further information, please contact:

Mathew Werner
Group Corporate Communications Manager
Group Chief Executive
Tel: [phone]

Photo - http://photos.prnewswire.com/prnh/20140409/HK00413

SOURCE: Goodman Group

http://www.goodmanjapan.com/sakai

http://www.nipponexpress.com

http://photos.prnewswire.com/prnh/20140409/HK00413

PRN Photo Desk, [email protected]