SHANGHAI, Dec. 21, 2016 /PRNewswire/ -- Goodman Group (Goodman or the Group) is pleased to announce that it has fully leased Phase 1 of the Goodman Xiqing Logistics Park (GXLP) and commenced construction of Phase 2 comprising an additional 47,032 sqm. Beijing Toread Outdoor Products (Toread) recently leased over 40,000 sqm in Phase 1 for its Northern China regional distribution hub.
Located in Xiqing Economic Development Area, 30km from Tianjin downtown, the park is well located for Northern China distribution with easy access to an integrated transport network via the adjacent Jinzi Highway and is in close proximity to Tianjin International Airport. The facility is being developed in multiple phases, and on completion of the overall development, will offer in excess of 200,000 sqm of high quality single level logistics space. The construction of Phase 2 covering 47,032 sqm has commenced with delivery expected in Q3 2017.
Beijing Toread Outdoor Products, established in 1999, is a major outdoor apparel and equipment producer in China, involved in the design, development, production and sales of clothing, tents, sleeping bags, outdoor equipment and other day-to-day merchandise.
Kristoffer Harvey, Chief Executive Officer, Greater China for Goodman said, "We are pleased to have secured this major customer and welcome Toread to Goodman Xiqing Logistics Park. This commitment demonstrates the high quality offering at the park and its locational advantages as a Northern China distribution hub for Toread's leading e-commerce and retail business needs."
Goodman is a leader in tailoring warehousing and distribution solutions for a number of major retailers in China. The Group's management of high quality facilities and track record of collaboration with customers has provided it with a thorough understanding of the needs of the growing Chinese retail sector.
Mr Harvey added, "With domestic consumption an increasing major driver of economic growth in China, there is increased demand for high quality,modern logistics facilities that fulfil the growing expectations of Chinese retailers and their logistics providers. As our customers strive to stay competitive in a fast-moving industry, Goodman is well placed to offer high quality services and property solutions that meet their specific needs."
Beijing Toread Outdoor Products' management said, "As a leading outdoor apparel and equipment retailer in China, the quality and locations of our warehouse facilities are a top priority. We can see that the Goodman Xiqing Logistics Park has been developed to the highest standards, and we are confident that it will meet the growing demands of our business. We are delighted to occupy this modern facility and are impressed by Goodman's strong property management capabilities."
About Goodman
Goodman Group is an integrated property group with operations throughout Australia, New Zealand, Asia, Europe, the United Kingdom and the Americas. Goodman Group, comprised of the stapled entities Goodman Limited, Goodman Industrial Trust and Goodman Logistics (HK) Limited, is the largest industrial property group listed on the Australian Securities Exchange and one of the largest listed specialist investment managers of industrial property and business space globally.
Goodman's global property expertise, integrated own+develop+manage customer service offering and significant fund management platform ensures it creates innovative property solutions that meet the individual requirements of its customers, while seeking to deliver sustainable long-term returns for its Partners. For more information please visit www.goodman.com
Photo - http://photos.prnasia.com/prnh/20161221/8521608322-a
Photo - http://photos.prnasia.com/prnh/20161221/8521608322-b
