Goodman Group
| Goodman Group | |
|---|---|
| legal form | Limited |
| ISIN | ASX: GMG |
| founding | 1989 |
| Seat | Sydney , New South Wales |
| management | Gregory Leith Goodman (CEO) |
| Number of employees | 1,040 |
| sales | 1718000000 AUD . |
| Branch | Real estate company |
| Website | www.goodman.com |
| Status: 2019 | |
The Goodman Group is an Australian real estate company based in Sydney , New South Wales . The company owns, develops, and manages industrial property and commercial space in markets worldwide. The main activities of the company are investments in directly and indirectly held industrial property, real estate services and real estate development. The company's operating regions are Australia and New Zealand , Asia , Continental Europe , the United Kingdom , Brazil and the United States . The company's companies include Goodman Limited , Goodman Industrial Trust and Goodman Logistics (HK) Limited . The company has also invested in real estate funds, which include Goodman Australia Industrial Partnership (GAIP), Goodman Australia Partnership (GAP), Goodman Australia Development Partnership (GADP), and KWASA-Goodman Industrial Partnership (KGIP).
The Goodman Group is listed on the S & P / ASX 50 .
history
Founded in 1989 as a private property trust with a focus on industrial real estate, the company was listed on the Australian Securities Exchange (ASX) in 1995 as Goodman Hardie Industrial Property Trust with eight properties valued at A $ 75 million. In 2000, the trust merged with Macquarie Industrial Trust and was renamed Macquarie Goodman Industrial Trust . The organization was renamed the Macquarie Goodman Group in 2005 following a series of acquisitions and mergers. This made it the largest real estate group in the ASX All Ordinaries Index. In July 2007, the organization was renamed to its current name after Macquarie Bank sold its 7.7% stake almost a year earlier. Today, Goodman is one of the world's largest providers of industrial property and commercial space.
In May 2019, the group managed 395 properties in 17 countries valued at A $ 55 billion. Between 2007 and 2014, Goodman's average earnings before interest and tax (EBIT) was A $ 138 million. It is divided into three areas: real estate portfolio, development and fund management.
See also
proof
- ↑ GMG.AX/people. www.reuters.com, accessed on June 18, 2020 .
- ↑ GPT.AX/financials. www.reuters.com, accessed on June 18, 2020 .
- ↑ profile. www.reuters.com, accessed May 12, 2020 .
- ↑ goodman. www.goodman.com, accessed May 12, 2020 .