Second phase of Goodman’s Pudong facility opens

The Goodman Group, an integrated property group which owns, develops and manages industrial space, recently kicked off the second phase of Goodman Pudong International Airport Logistics Park.


Second phase of Goodman’s Pudong facility opens


The Goodman Group, an integrated property group which owns, develops and manages industrial space, recently kicked off the second phase of Goodman Pudong International Airport Logistics Park.

Phase II of Goodman Pudong International Airport Logistics Park has a total gross leasable area of 57,000 sqm, with Shanghai Rokin Logistics, a logistics provider for cold storage and chemical industries and Atlas Copco, a world leading provider of industrial productivity solutions among the flagship property’s customers.

Strategically located adjacent to the Airport’s third runway, which is designated for airfreight use, Goodman Pudong International Airport Logistics Park comprises three phases of two storey ramp-up warehouse facilities.

The development will have a combined 196,000 sqm of prime logistics space on completion in the second half of 2015, with a value of around US$ 200 million.

“We are continuing to expand our footprint in China, with around 600,000 sqm of development underway in key cities including Shanghai, Tianjin, Chengdu, Langfang, Changzhou, Hefei, Nanjing and Chongqing,” said Philip Pearce, Goodman’s MD greater China. “With our existing landbank and properties under development, we have the ability to increase the size of our portfolio by a further 3.3 million sqm. We are on track to grow our investment in China to more than US$3 billion in the next 3 to 4 years.”