Goodman Group has concluded the pre-leasing of a 42,700 m[sup]2[/sup] facility in France to a leading luxury group and subsequently sold the project for a total of EUR 22 mln to a 'leading pan-European listed property group.' The facility is fully leased for a nine-year period.
Goodman Group has concluded the pre-leasing of a 42,700 m2 facility in France to a leading luxury group and subsequently sold the project for a total of EUR 22 mln to a 'leading pan-European listed property group.' The facility is fully leased for a nine-year period.
Additionally, the group has secured leases of over 182,000 m2 of logistics space on behalf of Goodman European Logistics Fund (GELF). The operation covers a total of seven new leasing transactions in the Netherlands, France and Germany as well as the emerging markets of Slovakia and Poland. The transactions were undertaken with a number of key customers including, Kuehne+Nagel, Nippon Express, Carrefour and DHL Exel Supply Chain.
The occupancy within the GELF portfolio remains strong at 97%, with a weighted average lease expiry of 6.1 years.
