Goodman opens the 45,500 sqm second phase of Goodman Landport Logistics Estate in Tianjin

Goodman Group (Goodman or Group), the global integrated property group, which owns, develops and manages industrial space, today held an opening ceremony at Goodman Landport Logistics Estate Phase 2, which comprises two warehouses with a combined 45,500 sqm of prime logistics space.

Three customers have been secured by Goodman for the newly completed development. Two existing customers at Goodman Landport Logistics Estate, Leyou and JD.com, have both extended their operations and leased additional space in Phase 2. Separately, Best Logistics, a customer at Goodman Chonqing Airport Logistics Park and Goodman Nanjing Airport Logistics Centre, has also taken up new space in Phase 2.

On completion, Goodman Landport Logistics Estate will provide approximately 267,000 sqm of prime logistics space across thirteen single-storey warehouses. With the opening today of the second phase of development, 105,000 sqm of the developable land at the estate has now been completed, with an occupancy of 83%.
Located in a key logistics hub in northern Tianjin, Goodman Landport Logistics Estate offers convenient access to Tianjin Binhai International Airport and downtown Tianjin via the area’s well-developed express highway system. The site will also benefit in the near future from the adjacent Landport Cargo Railway Station, which is forecast to be completed by the end of 2015 and fully operational by 2017.

Philip Pearce, Managing Director Greater China for Goodman, said, “We are very pleased to have strengthened our partnership with customers Best Logistics, JD.com and Leyou. These three leases are a testament to Goodman Landport Logistics Estate’s strategic location, our customers’ confidence in proven capability in delivering premium warehousing solutions, in targeted locations where our customers are expanding.”

JD.com is China’s largest online direct sales platform. It currently operates 97 warehouses across China with total GLA of 1.8 million sqm, 1,808 delivery stations and 715 pickup stations. As at June 2014, its self-operated delivery network covered 1,780 counties and districts, with its next-day delivery program covering 622 counties and districts across China.

Headquartered in Beijing, Leyou is a leading multichannel retailer of toddler, baby and maternity products in China. It directly operates 160 stores, a catalogue and a web store that serves parents throughout China. It sources its products from 300 suppliers across 35 countries.

Best Logistics is a leading integrated logistics and supply chain management services provider in China. It has undergone rapid expansion and established over 100 operational sites, comprising 1 million sqm of warehouse and distribution space spanning more than 50 cities in mainland China.

Mr. Dong Li, General Manager, Tianjin, Best Logistics said, “With the rapid growth of our business, we need a strong and reliable partner like Goodman who understands our specific needs for warehousing and fulfilment solutions. We are already working with Goodman in a number of cities including Nanjing, Chongqing and Tianjin and we look forward to growing this relationship further as we continue to expand nationally.”

Mr. Pearce added, “We continue to build on our strong track record in mainland China as a provider of high quality logistics space, with the ability to meet specific business and operational requirements across a wide variety of industries. Goodman retains its positive view on the logistics property sector and will continue making targeted investments in strategic locations across mainland China.”

Goodman currently has 780,000 sqm of developments underway in key cities including Shanghai, Nanjing, Shenyang, Tianjin, Chongqing, Chengdu, Wuhan, Xi’an, Guangzhou, Suzhou, Qingdao and Hefei.


  

For further information, please contact:

Goodman

Wayne Huang
General Manager Operations, China
Tel + 86 21 6133 2014

Citigate Dewe Rogerson

Jasmine Yap	Jasper Chan
Co-CEO Asia Pacific	Director
Tel +852 3103 0108 / 9325 3363	Tel +852 3103 0117 / 9723 3443

About Goodman

For more information please go to www.goodman.com

 

About Goodman Landport Logistics Estate

For more information, please go to http://cn.goodman.com/en/property/properties-for-lease/goodman-landport-logistics-estate?gmap=true