Wednesday, 03 March 2010
Goodman Group (“Goodman” or “Group”) today hosted the groundbreaking for Interlink, its landmark warehouse and distribution development in Hong Kong”s strategically important Tsing Yi port district. Valued at more than HK$4 billion (approximately A$600 million), Interlink is one of the largest industrial development projects currently being undertaken anywhere in the world and is one of the first major new Hong Kong warehouse projects in nearly a decade.
When completed in January 2012, the 2.4 million sq ft (222,000 sqm) development will be the fourth largest warehouse in Hong Kong. Designed to high technical and environmental specifications, it will also be among Hong Kong’s most modern and efficient warehousing and distribution centres.
Over 1.2 million sq ft, approximately half of Interlink’s total gross lettable area (GLA), has been preleased and optioned to two leading global logistics operators - DHL Supply Chain (Hong Kong) Limited ("DHL Supply Chain") and Yusen Air & Sea Services (Hong Kong) Limited (”Yusen”). In addition, Goodman is also in negotiations with other international logistics players, in respect of 77% of Interlink’s GLA.
Greg Goodman, Group Chief Executive Officer of Goodman said, "There is significant pent-up demand in Hong Kong for efficient and modern warehousing facilities. The signing of two such prominent and well respected companies in the logistics industry is testament to this and also the development’s scale, excellent location and its innovative and high specification of design. Interlink marks a new milestone in the Group’s commitment to Asia, and our strategic expansion in Hong Kong and China."Supply of efficient warehousing space in Hong Kong is increasingly constrained as demand grows and existing buildings are converted to residential and commercial use. Being strategically located for Hong Kong’s container ports, the International Airport and major highways to mainland China, Interlink will introduce approximately 5% of prime new space to the local market.
"As a company, we have 36 years of history and experience here in Hong Kong, and we believe that Hong Kong's role will continue to grow in importance in South China going forward. We are looking forward to seeing the completion of Interlink, and to utilize the modern Interlink facility as the base for our logistics service. The facility will serve as a means by which we are able to satisfy our customers’ needs, with our newly-renovated, high-quality and reliable service," Mr Yasuhiko Nojima, Managing Director of Yusen remarked.Interlink will be built in compliance with both the HKBEAM (Hong Kong Building Environments Assessment Method) and LEED (Leadership in Energy and Environmental Design) environmental assessment methods, with the aim to be the first of its type to obtain such accreditations and awards in Hong Kong.
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For further information, please contact:
Marketing Director, Asia
Tel + 852 2249 3149 / 6111 9452
Senior Vice President
Tel +852 3716 9878 / 9633 5463
Associate Vice President
Tel +852 3716 9821 / 9809 6285
For more information, please go to www.goodman.com
About Goodman Interlink
For more information, please go to http://cn.goodman.com/en/property/properties-for-lease/goodman-interlink