Goodman Group
Encyclopedia
Goodman Group is an Australia
n integrated industrial property development and management
company.
The organisation was founded in 1989 as a private property trust focused on industrial properties, listing on the Australian Stock Exchange
(ASX) in 1995 as Goodman Hardie Industrial Property Trust. In 2000 the trust merged with Macquarie Industrial Trust and was renamed Macquarie Goodman Industrial Trust.
After a series of mergers, the organisation became known as the Macquarie Goodman Group in 2005, at the time the largest industrial property trust on the ASX and fourth largest in the ASX 200
property index.
In July 2007 the organisation was renamed to its present name, after Macquarie Bank sold its 7.7% interest almost a year earlier. Goodman is now the second largest industrial and business park property group in the world after it expanded its operations into Europe and Asia through a series of acquisitions.
As of June 2008, the group had 371 properties under management and 97 developments.
Australia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...
n integrated industrial property development and management
Property management
Property management is the operation, control of ususally on behalf of an owner, and oversight of commercial, industrial or residential real estate as used in its most broad terms. Management indicates a need to be cared for, monitored and accountability given for its usable life and condition...
company.
The organisation was founded in 1989 as a private property trust focused on industrial properties, listing on the Australian Stock Exchange
Australian Stock Exchange
The Australian Securities Exchange was created by the merger of the Australian Stock Exchange and the Sydney Futures Exchange in July 2006. It is the primary stock exchange group in Australia....
(ASX) in 1995 as Goodman Hardie Industrial Property Trust. In 2000 the trust merged with Macquarie Industrial Trust and was renamed Macquarie Goodman Industrial Trust.
After a series of mergers, the organisation became known as the Macquarie Goodman Group in 2005, at the time the largest industrial property trust on the ASX and fourth largest in the ASX 200
S&P/ASX 200
The S&P/ASX 200 index is a market-capitalization weighted and float-adjusted stock market index of Australian stocks listed on the Australian Securities Exchange from Standard & Poor's...
property index.
In July 2007 the organisation was renamed to its present name, after Macquarie Bank sold its 7.7% interest almost a year earlier. Goodman is now the second largest industrial and business park property group in the world after it expanded its operations into Europe and Asia through a series of acquisitions.
As of June 2008, the group had 371 properties under management and 97 developments.