Wednesday, 21 July 2010
Among the new customers gained during the June quarter, Goodman attracted Swatch Group, a worldwide renowned watchmaker, seeking to upgrade their facilities, who leased approximately 28,000 sq ft at Cargo Consolidation Complex in Kwai Chung. Separately, A-Fontane, a household product retailer, expanded its local operation and leased approximately 21,000 sq ft at Texaco Centre in Tsuen Wan.
“We expect warehouse demand and rental growth to continue in line with the robust recovery in the retail sector, given that the supply of new and versatile industrial buildings is expected to remain limited. Goodman is the largest owner of warehouse and distribution properties in Hong Kong, including Interlink which will be completed in 2012, and this puts us in a strong position to capture the pent-up market demand.”“We are also pleased that 60% of the new leases undertaken were to meet the growing business needs of our existing customers, mainly retailers and logistics providers. This is strong testament to the success of our active asset management approach and the quality management of our buildings,” Mr Pearce commented.
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For further information, please contact:
Marketing Director, Asia
Tel + 852 2249 3149 / 6111 9452
Elaine Chan Peony Sze
Senior Vice President Associate Vice President
Tel +852 3716 9878 / 9633 5463 Tel +852 3716 9821 / 9809 6285
About Goodman Asia
For more information, please visit http://cn.goodman.com/en