Thursday, 21 May 2015
Goodman Group (Goodman or Group), the global integrated property group which owns, develops and manages industrial space, today held a groundbreaking ceremony for its first project in Xian, Goodman Xian North Logistics Centre in Western China.
SF Express, a leading domestic logistics distribution and express delivery services provider in China, is the first customer at Goodman Xian North Logistics Centre. Goodman will develop a 22,000 sqm built-to-suit facility for SF Express, representing approximately half of the total leasable area of the first phase of the development. This built-to-suit facility will serve SF Express customers, mainly operating in the e-commerce sector and is specifically designed to meet SF Express' operational needs for their expanding network. The facility also includes traffic lanes and a parking area for large trucks, to allow for the efficient and convenient mobilisation of SF Express’ vehicle fleet inside the warehouse.
Philip Pearce, Managing Director Greater China for Goodman, said, “We are very excited to commence our first development project in Xian, an important cultural and industrial centre of northwest China. We are also pleased to welcome SF Express, our first customer at the development. Their built-to-suit facility is yet another testament to the trust that our customers have in Goodman’s ability to successfully deliver customised logistics solutions, which meet industry specific requirements.”
This will be the fourth development that Goodman has undertaken for SF Express, who have committed to a total of 105,000 sqm within the Goodman portfolio, across Tianjin, Chongqing, Hefei and now Xian.
Hou Wenyan, President of Western China Region for SF Express said, “As we continue to expand our business in China, we are placing greater emphasis on the development of the northwestern region. We are pleased to have a strong and reliable partner like Goodman, which provides us with high quality logistics facilities and services to support our expansion in the region. We look forward to building a mutually beneficial relationship with Goodman over the long-term.”
Goodman Xian North Logistics Centre is strategically located in the Xian Economic and Technological Development Zone, with convenient access to major expressways. It is also in close proximity to the Xian Xianyang International Airport. Once fully developed the site will comprise five single-storey warehouses, providing a total of 93,100 sqm of prime logistics space, with an estimated end value of RMB360 million. It will be developed in two phases, with the 44,400 sqm first phase to be completed in January 2016.
Mr Pearce added, "Many of our local and international customers have expressed interest in this development, due to the lack of high quality logistics space on offer in the area. Given our strong track record, both globally and in mainland China, we are well-positioned to further expand in this region and secure high quality opportunities for our customers and investors.”
Goodman continues to undertake targeted investment in prime locations in China, with approximately 600,000 sqm of developments underway in a number of key cities across the country.
For further information, please contact:
General Manager Operations, China
Tel + 86 21 6133 2014
Citigate Dewe Rogerson
Jasmine Yap / Crystal Yip
Co-CEO, Asia Pacific / Associate Director
Tel +852 3103 0108 / 9325 3363
Tel +852 3103 0106 / 9720 6445
For more information please go to www.goodman.com
About Goodman Xian North Logistics Centre
For more information, please go to http://cn.goodman.com/en/property/properties-for-lease/goodman-xian-north-logistics-centre?gmap=true