Goodman signs European pre-lets for 1 million m[sup]2[/sup] during 2011

Goodman Group secured just over 1 million m² of new pre-committed logistics developments across Continental Europe in 2011, posting record results in Germany and Poland.

Goodman has a total of 3.8 million m² of logistics assets under management across 11 countries in Continental Europe with an overall occupancy of 97%.

'2011 was a very successful year for us across Continental Europe where we have signed a total of 1,032,000 m² of new pre-committed development deals, with an end value of approximately EUR 595 mln,' said Danny Peeters, CEO Goodman Continental Europe.

'Our financial outlook for 2012 is sound; Goodman has a strong pan-European platform with the backing of a leading global group. In light of the current economic environment however, we will retain our prudent business approach and be selective in terms of the investments that we will undertake,' he added.