Australian property investor Goodman and Chinese forwarder LinkGlobal, have penned a new worldwide collaboration.
The two have agreed to a work sharing model, in which Zhengzhou-based agent LinkGlobal, provides air cargo traffic to selected airports, while Goodman develops the ground infrastructure. The airports that both enterprises intend to use for the alliance, are Parchim Airport in Germany, Nanjing, Zhengzhou and Yinchuan in China and Lagos and Abuja in Nigeria. To begin the process, both partners inked a deal in Hamburg, Germany on 4 April that includes the transfer of €13 million to the county of Parchim in northeast Germany.
It is the first installment in a total purchase price of €30 million that LinkGlobal negotiated to own Parchim Airport outright, plus the neighbouring industrial area of 850 hectares.