Goodman Group
Company type | Public |
---|---|
ASX: GMG | |
Industry | Commercial property |
Founded | 1989 |
Founder | Gregory Goodman [1] |
Headquarters | , Australia |
Area served | Australia, New Zealand, Asia, Europe, the United Kingdom, North America and Brazil |
Key people | Gregory Goodman (Group CEO) Anthony Rozic (Deputy CEO) Nick Vrondas (Group CFO) Nick Kurtis (Group Head of Equities) |
Revenue | A$1,510,900,000 at 2020-06-30[2] |
A$1,060,200,000 2020-06-30[2] | |
Total assets | A$16,138,200,000 at 2020-06-30[2] |
Total equity | A$11,520,600,000 at 2020-06-30[2] |
Number of employees | 1,000 at 2020-06-30[2] |
Website | www |
Goodman Group is an Australian integrated commercial and industrial property group that owns, develops and manages real estate. This includes warehouses, large scale logistics facilities, business and office parks globally.
History
[edit]The organisation was founded in 1989 as a private property trust focused on industrial properties, listing 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.[3]
The organisation changed its name to Macquarie Goodman Group in 2005 following a series of acquisitions and mergers, which made it the largest industrial property group in the ASX All Ordinaries Index.[4]
In July 2007, the organisation was renamed to its present name, after Macquarie Bank sold its 7.7% interest almost a year earlier.[5] Goodman is now one of the largest providers of industrial property and business space in the world, following the expansion of its operations into Europe, Asia and the Americas through a series of acquisitions and organic growth.[6][7]
As of 30 June 2020, the Group had 392 properties under management in 17 countries and 19.3 million sqm under management.[8] It had market capitalisation of A$27.2 billion.[9]
The Group delivered an operating profit of $1,060.2 million as of 30 June 2020, up 12.5% on FY19, and operating earnings per security (EPS) of 57.5 cents, up 11.4% on FY19. It is split into three divisions: property portfolio, development and funds management.[10]
On 30 June 2020, Goodman Group reported A$51.6 billion Assets Under Management, with A$6.5 billion in development work in progress.[11]
Goodman UK
[edit]Goodman UK is part of the Goodman Group integrated industrial property development and management company. The company specialises in the development and management of Business, Science and Commercial Parks. Goodman UK has a number of parks situated throughout the United Kingdom, these include the following:
- Arlington Business Park
- Arlington Square, Bracknell
- Birmingham Business Park
- Colton Square Business Park
- Gloucester Business Park
- Harwell Science Park
- Leeds Valley Park is a business park owned by Goodman UK. The park is 50 acres in size and is three miles south of Leeds city centre.[12] The developer Akeler managed the building of the park, which has three buildings and was designed by the architectural firm Aukett Europe.[13]
- Rainton Bridge Business Park
See also
[edit]References
[edit]- ^ "Philanthropist, arts patron, businessman Sir Pat Goodman dies". 10 September 2017. Retrieved 15 June 2019.
- ^ a b c d e "Appendix 4E Full Year Accounts" (PDF). Goodman Group. Retrieved 13 August 2020.
- ^ "Corporate history". Goodman Limited. Retrieved 25 January 2015.
- ^ "Goodman upgrades guidance". The Australian Financial Review. 11 June 2014. Retrieved 25 January 2015.
- ^ "MGQ Annual General Meeting" (PDF). Goodman Limited. 16 November 2006. Retrieved 25 January 2015.
- ^ "Corporate history". Goodman Limited. Retrieved 25 January 2015.
- ^ "Goodman's global presence". Goodman Limited. Retrieved 25 January 2015.
- ^ "Key Facts". Goodman Group. 31 August 2020. Retrieved 31 August 2020.
- ^ "Appendix 4E – Full Year Accounts" (PDF). Goodman Group. 13 August 2020. Retrieved 13 August 2020.
- ^ Goodman Group (13 August 2020). "Goodman delivers strong FY20 result with operating profit up 12.5% to $1.06 billion". goodman.com/. Retrieved 13 August 2020.
- ^ "Key facts". goodman.com/. 13 August 2020. Retrieved 13 August 2020.
- ^ "Vehicle-company boost for business park". The Yorkshire Post. 18 December 2008. Archived from the original on 3 October 2018. Retrieved 3 October 2018.
- ^ Scott, Nigel (10 July 2002). "New business park will bring 5,000 jobs to city". Yorkshire Evening Post.