Shareholders of Australian industrial real estate investor Macquarie Goodman have approved a proposal to drop Macquarie from the company name. In future the concern, which is listed on the Australian stock exchange, will be known simply as Goodman, the company announced Wednesday.
Shareholders of Australian industrial real estate investor Macquarie Goodman have approved a proposal to drop Macquarie from the company name. In future the concern, which is listed on the Australian stock exchange, will be known simply as Goodman, the company announced Wednesday.
Macquarie Goodman has pursued an aggressive expansion strategy in Europe in recent years, acquiring Arlington, Akeler and Eurinpro for a total sum of £ 1 bn (EUR 1.5 bn). Earlier this year, the company acquired UK logistics developer Rosemound for EUR 449 mln. The original founder Macquarie Bank sold its last stake in Macquarie Goodman last August and the board of the real estate investor feels the new name fits in with the company's strategy to rebrand its new acquisitions. With a staff of 1,020, Macquarie Goodman now has more than 580 assets globally and EUR 21.8 bn in assets under management.
